Read more
XTB Online Trading

BREAKING: Bitcoin tests major resistance at $16,000

5:32 PM 28 November 2022

Bitcoin price fell over 3.0% during today's session as concern cover protests in China, bankruptcy of BlockFi and miners capitulation (about which we wrote in our earlier post) dampened market sentiment. From a technical point of view, Bitcoin failed to break above the local resistance zone at $16,270 and sellers once again took the initiative. Currently, price is testing psychological support at $16,000 and should break lower, sell-off may deepen towards next support at $ 15,570.

BITCOIN, M30 interval, Source: xStation5

Share:
Back

Market News

05.05.2025
18:50

Daily Summary: Gold Surges on Trade War Concerns as Oil Falls on OPEC+ Output Hike

Markets retreat after historic bull run as the US30 gained 0.26%, US100 slid 0.29%, and US500 fell 0.2%, halting the S&P's longest advance...

 17:45

Dollar Remains Stable After Bessent Remarks

The dollar held steady on Monday as US Treasury Secretary Scott Bessent outlined the Trump administration's economic strategy at the Milken Institute...

 15:41

Warren Buffett leaves Berkshire Hathaway and the stock collapses

Berkshire Hathaway shares fell nearly 6% in early trading after this weekend's announcement: investment legend and the greatest investor of all time,...
More news

Join over 1 400 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits