Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Rakin343 on January 20, 2021, 10:59:27 AM

Title: Bitcoin Price Analysis
Post by: Rakin343 on January 20, 2021, 10:59:27 AM

Bitcoin price is struggling to clear the $37,800 and $38,000 resistance levels against the US Dollar.
The price is now trading well below $36,000 and the 55 simple moving average (4-hours).
There is a major contracting triangle forming with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
The pair could decline sharply if it clears the $35,200 and $35,000 support levels.
Bitcoin price is slowly moving lower below $36,000 against the US Dollar. BTC could decline heavily if it settles below $35,000 and $34,500 in the near term.
more info (http://Bitcoin Price Analysis: BTC Signaling Sharp Downside Correction
https://cryptonews.net/453819/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)

Title: Re: Bitcoin Price Analysis
Post by: Msweet on January 25, 2021, 04:06:50 AM

Bitcoin is one of the most popular coins in the cryptocurrency.  Its current price is 32,668 USD. Analysis of its price from 2016 to 2020 shows that its price has increased a lot from 2016 to 20.
(https://i.imgur.com/eV4rm3b.jpg)