Falling Wedge Breakout Propels Bitcoin Price Above Key Resistance at $9.2K

Cointelegraph

Published May 27, 2020 11:52PM ET

Updated May 28, 2020 02:00AM ET

Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain may not be much to talk about, the move above the key resistance level is a step forward and the initial move to $9,180 closed the CME gap from last weekend.

Crypto market weekly price chart. Source: Coin360

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