Bitcoin Price: Current Level Acted As Launchpad For Past Historic…

News BTC | Apr 7, 2020 at 4:00 PM
  • Bitcoin price has nearly doubled in price after the historic collapse that occurred in mid-March took the asset back to under $4,000 at the low.
  • Bitcoin price has revisited $7,450, the low set just ahead of the record-breaking “China pump”.
  • During that time, however, the level was acting as support, and not resistance, making a repeat of that powerful move less likely.