CandleFocus Analysis Company Shares The Level Bitcoin Must Surpass – “If This Level Is Exceeded, These Are The Targets In 2025”
2024-12-18
Author: Content Editor
Cryptocurrency analytics firm Alphractal has analyzed the Bitcoin market and highlighted the importance of breaking through the "Worry Band" resistance level for Bitcoin's upward trajectory. According to Alphractal, investors typically sell their BTC when the price reaches this level. The firm noted that breaking this resistance is usually not achieved in a single attempt, as Bitcoin often experiences corrections or enters short-term bearish phases before a sustained breakout. Alphractal outlined potential scenarios based on historical price action but warned that failing to break the Worry Band resistance could delay the bullish outlook and lead to further correction.
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