Bitcoin Retests $11k But Remains in ‘the Chop Zone’18

Crypto markets have been relatively flat this weekend but bitcoin has made it back to the $11,000 level, albeit very briefly. The altcoin market has been slowly shifting but weekend activity has been poor for many of them.

BTC returned to resistance above $11k during early Asian trading today. According to Tradingview, it topped out at $11,120 before pulling back sharply in one large red hourly candle. Over the next couple of hours bitcoin returned to its intraday support zone of $10,500 before stablizing at its current level 00.

Original source
https://bitcoinist.com/bitcoin-retests-11k-but-remains-in-the-chop-zone/

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