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BNB logo
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4.56%
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5.52%
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ADA logo
ADA
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4.28%
USDE logo
USDE
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HYPE logo
HYPE
$36.59
2.64%
LINK logo
LINK
$17.32
4.34%
BCH logo
BCH
$503.03
3.88%
XLM logo
XLM
$0.3096
4.79%
SUI logo
SUI
$2.5131
6.57%
LEO logo
LEO
$9.5979
0.40%
AVAX logo
AVAX
$20.88
5.21%
WBT logo
WBT
$41.13
1.98%
HBAR logo
HBAR
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5.56%
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Bitcoin Again Bounces Off 'Cloud' Support, Resistance at $42.6K

The Ichimoku cloud has consistently acted as a support during recent market swoons.

By Omkar Godbole
Updated May 11, 2023, 4:38 p.m. Published Mar 14, 2022, 11:42 a.m.
Bitcoin's weekly chart, highlighting the Ichimoku cloud support and recent bull failure above $42,600 (TradingView)
Bitcoin's weekly chart, highlighting the Ichimoku cloud support and recent bull failure above $42,600 (TradingView)