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Fri, Nov 27, 2020 2:56 AM by CoinGape

Bitcoin rebounds from $16,200 but stuck between stacks of critical support and resistance areas

Bitcoin called out for more buy orders after diving from the yearly high at $19,500 to the support at $16,200. BTC/USD eyes recovery to the 50 SMA before making the final leg up to the all-time high at $20,000. Bitcoin lost a significant amount of its value on Thursday during the Asian session. The losses The post Bitcoin rebounds from $16,200 but stuck between stacks of critical support and resistance areas appeared first on Coingape.

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