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Benzinga
Benzinga
Business
Melanie Schaffer

Is Bitcoin Poised To Regain Important $25,000 Psychological Level? Here's What To Watch

Bitcoin (CRYPTO: BTC) was trading slightly lower during Monday’s 24-hour trading session after a second rejection near the $25,000 level. During Sunday’s 24-hour trading session the crypto also attempted to break up over the important psychological level and failed.

Bitcoin has been consolidating under this important level for the last five trading days and although the crypto hasn’t yet held above the level, Bitcoin is trading in a clear uptrend on the daily chart.

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