Bitcoin retested resistance at $16,000 after taking down the buyer congestion at $15,500. On-chain data suggests that the flagship cryptocurrency’s path with the least resistance is upwards. Bitcoin reclaimed the position above $15,500 following a period of consolidation. Similarly, flagship cryptocurrency defended its position above $15,000, but a breakout was eventually going to take with The post Bitcoin Price Bullish Setup Still Eyes $20,000 Despite Crucial Hurdle at $16,000 appeared first on Coingape.