# Bitcoin price hits K as trader forecasts fresh weekend resistance showdown

# Bitcoin price hits $34K as trader forecasts fresh weekend resistance showdown

“# Bitcoin price hits $34K as trader forecasts fresh weekend resistance showdown ” Bitcoin (BTC) touched $34,000 on July 24 after the latest resistance flip held to propel the market higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin battles $34,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD just hitting the $34,000 on Bitstamp…

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# Bitcoin price hints at ‘megaphone’ bottom pattern, and a breakout toward K

# Bitcoin price hints at ‘megaphone’ bottom pattern, and a breakout toward $40K

“# Bitcoin price hints at ‘megaphone’ bottom pattern, and a breakout toward $40K ” Bitcoin’s (BTC) latest rebound from below $30,000 has increased its prospects of extending its retracement move higher, at least according to one classic technical pattern. Dubbed as Broadening Formation, the megaphone-shaped pattern appears when the price moves inside two diverging trendlines….

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