Digital gold attempted to rise above the $35,000 resistance zone. However, bears remained active around $35,250 and $35,350.
Bears made several attempts to overcome resistance at $35,250 but failed miserably. A high was formed around 35,382 before the Bitcoin price began a downward correction
Henrik Lindqvist is our DeFi and on-chain reporter, splitting his time between Stockholm and London. A former software engineer at Klarna, he switched to journalism in 2021 and has since broken stories on MEV exploits, restaking risks and Layer-2 economics. Henrik writes the BTCNews weekly Layer-2 newsletter and has lectured on blockchain architecture at KTH Royal Institute of Technology.
