Home Cryptocurrency Bitcoin price shows failed auction traits as breakout volume weakens, rejection next?

Bitcoin price shows failed auction traits as breakout volume weakens, rejection next?

Bitcoin price has broken above range-high resistance, but weak follow-through volume is raising failed auction risk and increasing the probability of rejection back toward range support.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

AI bots are betting billions on the future, but (no one knows if) they’re cheating | Opinion

Autonomous trading AI agents now dominate prediction markets, but the infrastructure to...

Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism

Strategy chairman Michael Saylor pushed back on critics who say companies that...

Bitcoin ETFs turn red after four days of inflows, post $394.68M outflow

Bitcoin ETFs recorded $394.68 million in net outflows on January 16, ending...

Steak ‘n Shake adds $10 million in Bitcoin to its strategic reserve

Steak ‘n Shake’s Bitcoin strategy may inspire other businesses to integrate cryptocurrency,...