Bitcoin Gains 15%, Attempts to Flip $25.2k Resistance

Bitcoin Gains 15%, Attempts to Flip $25.2k Resistance

full version at dailycoin
  • Bitcoin (BTC) has surged close to $25,000 in its third attempt to break above the $25.2k resistance since February 16th.
  • BTC has gained 15.1% since February 13th to move its year-to-date gains to 48.9%.
  • Flipping the $25.2k resistance to support will see the price of Bitcoin rally to $30k before its next resistance.

The price of Bitcoin (BTC) has surged near the $25k level for the third time in the last five days in a continued attempt to flip the $25,200 resistance to support before proceeding on an uptrend.

Bitcoin Attacks the $25k Resistance 

Since surging past $25k on Thursday, February 16th, the price of Bitcoin (BTC) has made three attempts to break above the critical $25,200 level before it can continue on a significant uptrend.

In the early hours of Tuesday, February 16th, the price of Bitcoin shot up by 2.3%, hitting $25,126.85. However,...


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