Bitcoin enters make-or-break zone after BTC price snaps back to $38K

Bitcoin (BTC) circled a key level into the Nov. 16 Wall Street open after copycat BTC price action produced a fresh attack on $38,000.

BTC/USD 1-hour chart. Source: TradingViewBTC price matches 18-month highs

Data from Cointelegraph Markets Pro and TradingView showed a swift turnaround for Bitcoin, which reversed upward after a precipitous comedown earlier in the week.

The daily chart thus printed a near identical pattern to that seen a week prior, with $38,000 still acting as firm resistance.

Now at around $37,400, BTC/USD was testing what analysts highlighted as an essential support zone to retain.

$BTC 4Hprice in area of interest now

bulls should pray here imo

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