Despite 10% Bounce From Lows, Bitcoin Has One Key Level to Cross

Bitcoin Needs to Surmount This Pivotal Level to Confirm Upside According to Edward “Teddy” Cleps, a crypto analyst and the founder of Yellow Block, Bitcoin must move above the $11,100 horizontal to confirm that the ongoing correction is a bullish reversal. Chart of BTC's price action over the past few months with analysis by crypto trader Edward "Teddy" Cleps (@Teddycleps on Twitter).

Chart from TradingView.com Long-Term Trend Still Bullish: Willy Woo Bitcoin’s long-term remains in a positive state despite any weakness in the near term, on-chain analysts say. Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com

Timeline of Bitcoin