SQUAWK/NEWS
Account
Theme
Account
Menu
Live News CRYPTO ARTICLE L impact

Bitcoin tests resistance near $82,500 as May high eyed

TradingView News market talk says Bitcoin pushed above $80,000 but met friction; eToro’s Bret Kenwell pegs resistance at $82,500, potentially the highest level since May.

BTC

1015 ET - Bitcoin managed to go above $80,000 recently, but encountered friction from there.

Bret Kenwell of eToro pegs the new bitcoin resistance level at $82,500, which would be the highest bitcoin has traded since May.

But if bitcoin retreats, it shouldn't fall back to the sub-$60k level from ea…