Swissblock Analysis Suggests Bitcoin May Face Pullback Before Reaching Higher Prices
Resistance at $52,000
Analysts at Swissblock believe that Bitcoin’s inability to break above the $52,000 level could indicate that a reversal is imminent. The cryptocurrency has been trading within a tight range in recent days, indicating a lack of bullish momentum. If Bitcoin fails to break through this resistance level soon, it could signal a shift in market sentiment and trigger a pullback.
