Bitcoin has recovered above $23,000 off the back of a rally that had started during the last leg of the weekend. This recovery has brought more money into the market, which has helped push the price even further. As bitcoin trends at $23,000, there is significant resistance mounting up ahead, presenting various important technical levels. Bitcoin Must Beat $25,500 Even though bitcoin is making its way towards $24,000 in a tremendous bull trend, there are still some technical levels that the digital asset must beat in order to fully establish its arrival in a bull market. An example was the resistance that mounted at $22,000, but the fight was far from over. Related Reading | Bitcoin Dominance Dives As Ethereum Takes Up More Space As support had begun to build up at this previously hard-to-beat resistance level, the bears had moved their defense position further. Presently, bitcoin faces the most opposition when it inevitably makes its break above $25,000. The resistance at $25,500 is so prominent that any sign of sell-offs will turn the tide in favor of the bears. An even more important point is at $28,000. This is because the price point was a yearly low level in 2021. As such, it has become a level to hold for both bulls and bears, depending on what direction they wish to drag the cryptocurrency in. BTC recovers close to $24,000 | Source: BTCUSD on TradingView.com So even though bitcoin had seen some trouble breaki...
