{"id":375955,"date":"2019-03-26T00:00:47","date_gmt":"2019-03-26T00:00:47","guid":{"rendered":"https:\/\/wncen.com\/?p=375955"},"modified":"2024-06-11T07:38:24","modified_gmt":"2024-06-11T07:38:24","slug":"bitcoin-btc-stable-above-4000-but-is-approaching-historical-resistance-level","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-btc-stable-above-4000-but-is-approaching-historical-resistance-level\/","title":{"rendered":"Bitcoin (BTC) Drops Below 4,000 After Approaching Historical Resistance Level"},"content":{"rendered":"
Bitcoin has broken below its recently established trading range between roughly $4,000 and $4,100 that was formed a couple of weeks ago. Although BTC has been somewhat stable as of late, this lack of major volatility should not fool traders as the cryptocurrency typically makes a large price swing after long bouts of sideways trading.<\/p>\n
Now, Bitcoin is beginning to push up against a key resistance line that the cryptocurrency has failed to break above on multiple occasions over the past year.<\/p>\n
Bitcoin (BTC) Drops Below $4,000 as Key Resistance Level Holds<\/strong>\u00a0<\/strong><\/h2>\n