As traders predicted a new resistance showdown over the weekend, the price of Bitcoin reached $34,000. Author: Cointelegraph


As traders predicted a new resistance showdown over the weekend, the Bitcoin price reached $34,000

(Bitcoin) After the latest resistance level flipped and pushed the market higher, it touched $34,000 on July 24.

1-hour candlestick chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro with Transaction view It shows that BTC/USD just touched $34,000 on Bitstamp on Saturday, and then returned to a low around $200.

1-day candlestick chart (Bitstamp). Source: TradingView