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Author Topic: Bitcoin Price Analysis  (Read 632 times)

Offline Rakin343

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Bitcoin Price Analysis
« 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.
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Bitcoin Price Analysis
« on: January 20, 2021, 10:59:27 AM »

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Offline Msweet

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Re: Bitcoin Price Analysis
« Reply #1 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.

 

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