New Bitcoin indicator reveals we just avoided a major drop — but one level could decide the next breakout

Bitcoin spent the weekend mostly within a familiar price channel, then slipped lower before recovering as traders reacted to the developing impact of the Iran war. However, while real-world macro events now dictate Bitcoin's movements more than fundamentals or adoption levels, where on the chart it stops to test the waters has not changed. Bitcoin […] The post New Bitcoin indicator reveals we just avoided a major drop — but one level could decide the next breakout appeared first on CryptoSlate.