Bitcoin – Recovery Faces Increased Headwinds at Key Resistance Zone

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<p>Narrow sideways mode extends into third consecutive day after recovery from two-month low (38501 of Jan 23) showed signs of stall at key resistance zone (42500). The price action is on track to form the third straight daily Doji candle which points to strong indecision and contributes to signals that corrective phase might be over. […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/537374-bitcoin-recovery-faces-increased-headwinds-at-key-resistance-zone/">Bitcoin – Recovery Faces Increased Headwinds at Key Resistance Zone</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>