![]() ![]() ![]() BTC/USD Medium-term Trend: Bearish (4H Chart) Meanwhile, if the bulls push the king coin to the north, the potential resistance levels could be found at $32,000, $34,000, and $36,000. On the next positive move, BTC could break to the upside as the candle is still yet to close. The Bitcoin price is sliding toward the lower boundary of the channel as the technical indicator Relative Strength Index (14) moves to cross below the 40-level. Bitcoin Price Prediction: Bitcoin (BTC) May Face the Downside Beneath this, other supports could be below found at $21,000, $19,000, and $17,000. Meanwhile, any bearish cross below the lower boundary of the channel could locate the first level of support at $26,000. Meanwhile, any bullish cross above the 9-day and 21-day moving averages could hit the nearest resistance level of $27,500. Though Bitcoin (BTC) begins the day off intending to trend higher but couldn’t. Support Levels: $21,000, $19,000, $17,000īTC/USD is seen hovering at $26,401, with the current consolidation pattern, the king coin remains below the 9-day and 21-day moving averages. Bitcoin circulating supply – 19.3 millionīTC/USD Long-term Trend: Ranging (Daily Chart).The Bitcoin price prediction is currently moving bearishly and seems to be preparing for the next move below the support level of $26,000. Join Our Telegram channel to stay up to date on breaking news coverage
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