BTC challenges 9-9.5K resistance making new 7-month highs vs S&P 500
May 6, 2020
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A pause for most Alts but BTC remains resilient, challenging 9.5K heading into its halving - Most cryptocurrencies paused or pulled back over the past week after rallying into resistance bands with short-term momentum peaking at overbought levels. BTC also paused but has been impressively more resilient notably over the past two days, challenging resistance between 9-9.5K as the widely anticipated May 12 halving draws near.