Bitcoin is currently facing significant technical resistance, a phenomenon observed when analyzing price movements between 2021 and 2022, where several resistance points consolidated around $52,000. This indicator, which automatically identifies resistance and support pivot points, extends its lines to the present day, offering a clear view of potential reversal zones.

Above the current price, the zones of $55,000 and $59,000 stand out as important resistances. On the other hand, below the current level, we identify several regions that not only have significant historical importance but also function as liquidity areas. Regions such as $38,000, $30,000, $19,000, and even $10,000 are landmarks where, historically, strong supports or resistances have been established since the year 2017.


This analysis highlights the importance of these levels for both short-term and long-term investors, indicating areas where the market may face volatility or experience significant trend changes.

Link: Support and Resistance Detection