Doctor Profit: Bitcoin Starts Testing Key Resistance Level 2, Breakout and Hold Could Signal Bullish Momentum
Crypto trader Doctor Profit posted that Bitcoin is currently testing the key Level 2 price level referenced in his earlier report. He stated that if BTC breaks through this level and consistently closes above it on a daily basis, it would serve as a strong bullish signal. This would indicate that the market has absorbed the panic selling sparked by the Binance hack, the distribution phase is likely winding down, and buyers are regaining market control.
