Bitcoin Halving: Price Holds Between Support & Resistance

Published At: Apr 19, 2024 by Gareth Soloway
Bitcoin chart holding between $68,000 resistance and $60,000 support after the halving

Bitcoin halving has happened. Bitcoin are now 2x as hard to mine, reducing the mined supply in half.

The price of Bitcoin is holding between major resistance at $68,000 and major support at $60,000. Each level is confirmed as major. Investors need to watch to see which level breaks. A large move in that direction is then likely.


This article is intended for informational and educational purposes only and does not constitute financial advice. All trading involves risk. Past performance is not indicative of future results.

Trading involves substantial risk. All content is for educational purposes only and should not be considered financial advice or recommendations to buy or sell any asset. Read full terms of service.

Sponsor
Paramount Pixel Lead