Bitcoin hasn’t slipped to $10K or below as many of its detractors said it would – in fact, it is holding above $17K this morning

BTC price levels to watch as Bitcoin holds $17K into the market open

“Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held overnight gains, having hit three-week highs.

The weekly close itself was encouraging for some, forming Bitcoin’s highest since the FTX scandal broke.

Now, traders were hoping that upside would continue toward $20,000, with various resistance zones in play.

‘Slowly, but surely, Bitcoin is grinding upwards. Needs to crack $17.4-17.6K, but then we most likely continue quite fastly towards $19K,’ Michaël van de Poppe, founder and CEO of trading firm Eight, wrote in an update on the day.”

https://cointelegraph.com/news/btc-price-levels-to-watch-as-bitcoin-holds-17k-into-the-market-open