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Bitcoin Hits $ 38K As BTC Price Overcomes ‘Line In The Sand’ Resistance By Cointelegraph

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Bitcoin Hits $ 38K As BTC Price Overcomes ‘Line In The Sand’ Resistance By Cointelegraph
Bitcoin hits $ 38K as BTC price breaks ‘line in the sand’ resistance

(BTC) hit $ 38,000 on June 2 when a long-awaited episode of volatility saw a critical return to the bullish level.

1 hour candlestick chart (Bitstamp). Source: TradingView

Data of Cointelegraph Markets Pro other TradingView it finally showed BTC / USD breaking through resistance at $ 37,500 on June 2, reaching local highs of $ 38,090.

BTC / USD (Binance) buy and sell orders as of June 2. Source: Material Indicators / Twitter