Bitcoin price prediction

Bitcoin Price Prediction: BTC/USD Swings Above $55,000 Resistance

Bitcoin Price Prediction – October 6 The Bitcoin price restarts the uptrend after touching the daily low of $50,416 to hit the daily high of $55,416. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $60,000, $62,000, $64,000 Support Levels: $46,000, $44,000, $42,000 BTCUSD – Daily Chart BTC/USD looks green today as the price hovers above the resistance level of $54,000 from the low of $50,416. However, a daily close above the $55,000 level can continue to increase the Bitcoin price to $58,000. However, traders should note that a

Bitcoin Price Prediction: BTC/USD Reaches the Expected Target at $11.5k as Buyers Take Bold Steps to $12k Mark

Bitcoin (BTC) Price Prediction – August 1, 2020Today, BTC/USD is now trading above $11,400 after days of battle against the resistance at $11,200. The king coin is close to its next target price of $11,500. This is a positive sign as buyers continue to exercise dominance over sellers. Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000 BTC/USD – Daily Chart Since July 27, the bulls have been having a running battle to push BTC above the $11,200 resistance. Buyers have retested the resistance on four different occasions without

Bitcoin Price Prediction: BTC/USD Moves In an Uptrend but Can the Bulls Clear $7,500?

Bitcoin (BTC) Price Prediction – April 8Bitcoin (BTC) has effortlessly zoomed above $7,300 but the upside is limited. Sustained movement below $7,000 will worsen short-term outlook.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,200, $8,400, $8,600Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD has once again made an impressive move to the upside during the early trading session of today but the coin is currently trading below $7,400 after touching the key resistance at $7,431.36. The bulls are now expecting the price to rally higher but in order for things

Bitcoin Price Prediction: After Briefly Touching the $7,441, BTC/USD Bulls May Re-gather

Bitcoin (BTC) Price Prediction – April 8BTC/USD price is trading nicely above the $7,250 and the coin must climb above the $7,400 resistance to continue higher.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,400, $8,600, $8,800Support Levels: $6,100, $5,900, $5,700BTCUSD – Daily ChartBTC/USD bulls may slowly come back into action after a minor battering from the bears yesterday. If this happens, then the expectation of recovery could turn out to be true. Today, BTC/USD was seen trading at $7,166 after soaring to $7,441.47. The coin then pulled back to where

Bitcoin Price Prediction: BTC/USD May Hit $8,000 to Begin a Bull Market Fully

Bitcoin (BTC) Price Prediction – April 7The Bitcoin price is making a strong extension to the upside in the session today through $7,200.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,500, $8,700, $8,900Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD hit the intraday high at $7,440 and retreated to $7,231 at the time of writing. Despite the downside correction, the coin is moving within a short-term upside trend amid low volatility. BTC/USD has gained nearly 1.35% since this time as the cryptocurrency market is on the recovery path. On the

Bitcoin Price Prediction: BTC/USD Breaks above $7,000 Resistance, a Rally to $8,000 and $9,000 Is Expected

Bitcoin (BTC) Price Prediction – April 07Yesterday, Bitcoin has finally broken above the $7,000 overhead resistance. The market shot up from the low of $6,775 to $7,403. The current move will extend to a high of $8,000 and $9,000 if the current price level is sustained.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartAfter the breakage of the overhead resistance, Bitcoin runs into the $7,400 resistance zone. The market is respecting the previous historical price level. Bitcoin was in consolidation above $7,400 price level between

Bitcoin Price Prediction: BTC/USD Breaks Consolidation Pattern; $8,000 Next?

Bitcoin (BTC) Price Prediction – April 6The Bitcoin price increased by more than 6.90% today as the cryptocurrency makes its way above $7,245.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $6,000, $5,800, $5,600BTCUSD – Daily ChartBTC/USD has now cleanly broken above the upper boundary of the previous ascending pattern as it takes out the resistance at the $7,000 level. BTC/USD increased by a total of 6.94% today to reach a high of around $7,248 as the buyers start to take control. The crucial thing to look

Bitcoin Price Prediction: BTC/USD Extends Sideways Grind Below $7,000 Level

Bitcoin (BTC) Price Prediction – April 5The technical indicator RSI (14) is currently moving in sideways, reflecting that the Bitcoin price is in a consolidation mode.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartBTC/USD added around 2% and closed at $6,890 yesterday, at the moment, the coin is currently erasing the majority of its gains. As of writing, the Bitcoin (BTC) hovers at $6,780 which is down with 1.38% on a daily basis. For now, the price is seriously struggling in

Bitcoin Price Prediction: BTC/USD Struggles to Break $7,000 Resistance but a Downward Correction Is Expected

Bitcoin (BTC) Price Prediction – April 05Presently, BTC/USD pair is trading at $6,849.50 at the time of writing. At the high of $6,849.50, two things will happen. Firstly, the price will break through the $6,900 and $7,000 resistance. Alternatively, the market will fall to a low of $5,900 and subsequently, the fall will deepen.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartAssuming there is a breakout on the upside. When price breaks through the resistance, the first rally is expected between $7,500 and $8,000. When

Bitcoin Price Prediction: BTC/USD Struggles to Hold Above $7,000 Resistance Level

Bitcoin (BTC) Price Prediction – April 4The Bitcoin (BTC) is currently consolidating and seems to be preparing for the next move either above $7,000 or towards $6,500.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,700, $7,900, $8,100Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartYesterday, we saw a sharp decline in Bitcoin price below the $7,036 support against the US Dollar. The BTC/USD pair also settled below the $6,800 support level and above the 9-day and 21-day moving averages. Today, the price is consolidating losses above the $6,750 level and currently

Bitcoin Price Prediction: BTC/USD Rebounds but Unable to Sustain Above $7,000 Overhead Resistance

Bitcoin (BTC) Price Prediction – April 04The price tussles between the bulls and bears have continued as BTC/USD pair rebounded from its low at $6,180 on April 1. There was a price spike as BTC reached the high of $7,283.50 but was immediately repelled.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartBitcoin continued its upward move after the rebound to the high of $7,049.10. The upward move was resisted as the bulls cannot sustain price above $7,000 overhead resistance. The price fell to a low

Bitcoin Price Prediction: BTC/USD Failed Breakout; Price Remains Below $6,800

Bitcoin (BTC) Price Prediction – April 3At the moment, BTC/USD dropped by a total of 0.65% within 24 hours as it trades at the $6,760 level.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartThe daily chart reveals that BTC/USD failed to break the upper boundary of the ascending channel with the current consolidation pattern once again as it fails to close above the $6,800 level. The Bitcoin (BTC) started the day off by trending higher toward the $7,000 level only to