Interesting what’s happening with Bitcoin these days. The price has touched $80k but is facing a significant resistance at this level, in fact the strong quote we saw some time ago seems to have stabilized a bit. According to some analysts I’ve seen around, this retracement should be only temporary, nothing to worry too much about. Of course, the 80k barrier is psychologically strong, but historically when Bitcoin hits these round levels it always ends up surpassing them, maybe after a bit of consolidation. Personally, I’m watching how it moves in the coming days. If the strong quote holds and we manage to stay above 78-79k, then we might see a new upward attempt. Conversely, if it drops below, then perhaps the retracement will be deeper than expected. Anyway, for now the situation doesn’t seem alarming, just the usual market movement.

BTC0.56%
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