Daily Trade News

Bitcoin eyes big $58K resistance as new data shows hodlers acting the



© Reuters.

(BTC) faced stiff resistance near previous highs on Oct. 8 as a fresh push over $56,000 quickly ended.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it came off four-month highs of $56,150.

BTC/USD 1-day annotated candle chart (Coinbase (NASDAQ:)). Source: William Clemente/Twitter
Hodled and Lost Coins chart. Source: Glassnode/Twitter