If Bitcoin Exceeds Critical Point, It Can Rise Rapidly

If Bitcoin Exceeds Critical Point, It Can Rise Rapidly If Bitcoin exceeds the critical point, it can rise rapidly. Bitcoin, the leading cryptocurrency, is again stuck in the $ 10,800 resistance. Recently, it is not overlooked that both Bitcoin (BTC) and all other cryptocurrencies are experiencing a stagnant process. At a time when Bitcoin (BTC) is experiencing very slight fluctuations, other cryptocurrencies are also following it. In addition to this factor, the fact that BTC / USD saw the $ 10,700 level and suddenly fell to $ 10,200 created a stir in the markets; Many cryptocurrencies such as Ethereum, XRP, Litecoin, Binance Coin had begun to rise. Nowadays, it is observed that the leading crypto currency Bitcoin (BTC) is stuck in the resistance of $ 10,800. If Bitcoin (BTC) breaks this resistance, it is stated that there will be another great resistance point against it. There is talk in the markets that overcoming the $ 11,000 resistance point supported by the 200-day exponential moving average may be an opportunity to open up everything.   'Bitcoin's Only Enemy ...' TeddyCleps, one of the well-known cryptocurrency analysts, drew attention to the resistance point in his post on his Twitter account. Pointing out that "Bitcoin's only enemy" is this resistance level, the analyst stated that if this resistance is exceeded, the price of Bitcoin (BTC) can rise very quickly.