What does the recession in BTC mean?

in SteemCoinPan •  5 days ago 

btc02052021.png

BTC cannot achieve the desired increase, sales demands of $ 58,000 cannot be broken. Because of this, BTC is being forced to move higher. Many investors want to sell at $ 58,000. The resistance here is very important, if this resistance passes, it can go higher.

But on the one hand, there is support at $ 56,500, it is very difficult for it to fall below $ 56,500 for now. But it needs to break the resistances between $ 58,000 and $ 58,500 to climb higher. If it does not pass these resistances, it will continue to watch between $ 56,000 and $ 58,000. But I can say that if the resistances are passed, the new target will be $ 100,000.

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