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Bitcoin price rose to $ 11,491 on Friday after the bulls managed to overcome the $ 11K resistance level уровень
On October 8, Cointelegraph contributor Michael van de Popp explained it this way:
“If the price of Bitcoin breaks the resistance zone of $ 11,100-11,300, a further bull market with a price of $ 12,000 can be expected. Thus, the area from $ 11,100 to $ 11,300 is a critical zone for continuation. "
The price is currently holding above $ 11,400 and is meeting resistance at $ 11,489, which is at the top of the September 3 candlestick when BTC fell 13% to $ 9,960.
