Enne ralli algust peavad pullid BTC sellele tasemele viima

• BTC hind on viimase 0.70 tunni jooksul tõusnud 24%.
• A falling wedge chart pattern has formed on BTC’s weekly chart.
• Bulls need to boost BTC’s price above $22k to prevent a significant price drop.

Krüptoteenuste turuliider, Bitcoin (BTC), has seen its price increase 0.70% over the last 24 hours. CoinMarketCap shows that BTC’s price is trading at $21,263.89 at press time. BTC’s price has not strengthened against Ethereum (ETH) over the same time period, and BTC is currently down 0.47% against the altcoin leader.

BTC’s price is attempting to break out of a weekly falling wedge pattern. Failure to break out of this pattern will result in a steep decline in BTC’s price.

Captain Faibik, a crypto analyst, tweeted today that BTC bulls will need to clear the crucial 22k resistance level with more buying volume to confirm a break out of the current wedge chart pattern. In the tweet, the analyst highlighted a pair of bullish technical flags that have already been triggered by BTC’s price on the weekly time frame.

The first bullish technical flag that has been triggered on BTC’s weekly chart is the weekly RSI which has already broken the 2-year downtrend. The second is the Hash Ribbon which flashed as a buy signal.

If bulls are able to boost BTC’s price out of the critical $22k level, then BTC hind will look to target the next resistance level at around $24,770. Thereafter, the next target will be $24,921.77.

On the other hand, if BTC’s price breaks below the falling wedge pattern present on its weekly chart, then it is at risk of dropping to sub $13k. Before this happens, however, BTC will need to break below the strong support level of $19,300.

Lahtiütlus: Seisukohad ja arvamused ning kogu selles hinnaennustuses jagatav teave avaldatakse heauskselt. Lugejad peavad tegema oma uurimistööd ja hoolsuskohustust. Kõik lugeja toimingud on rangelt nende enda vastutusel. Coin Edition ja selle sidusettevõtted ei vastuta otsese või kaudse kahju või kaotuse eest.

Postituse vaatamised: 17

• SEO-põhise sisu ja PR-levi. Võimenduge juba täna.
• Platoblockchain. Web3 metaversiooni intelligentsus. Täiustatud teadmised. Juurdepääs siia.
• Allikas: https://coinedition.com/bulls-need-to-push-btc-to-this-level-before-a-rally-will-start/