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Bitcoin Stalled Below $87,000 to $87,800 Resistance Band

Trading volume was thin during the consolidation, with a separate area of potential supply near $90,000.

By Enna Lee
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A copper token sits below three suspended steel bars / TokenPost.ai
A copper token sits below three suspended steel bars / TokenPost.ai

Bitcoin (BTC) remained below the $87,000 to $87,800 resistance band during narrow trading, with thin volume and a separate area of potential supply near $90,000.

The $90,000 area sits above the nearer resistance band. Bitcoin had not sustained a move above that band during the consolidation.

Trading volume remained thin as the price moved within a tight range.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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