BTC / USD sicht eng Richtung; Wäert $ 22k kommen ze spillen?

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The Bitcoin price prediction gains 3.16% as bulls keep working hard to nurture a bullish trend above the moving averages.

Bitcoin Prediction Statistiken:

  • Bitcoin Präis elo - $ 20,721
  • Bitcoin Maartkapital - $ 395.5 Milliarden
  • Bitcoin zirkuléierend Versuergung - 19.1 Milliounen
  • Bitcoin Gesamtversuergung - 19.1 Milliounen
  • Bitcoin Coinmarketcap Ranking - #1

BTC / USD Laangzäittrend: rangéiert (deeglech Grafik)

Schlëssel Niveauen:

Resistenzniveauen: $ 23,000, $ 24,000, $ 25,000

Ënnerstëtzungsniveauen: $ 18,000, $ 17,000, $ 16,000

BTC / USD schwieft um $20,721 Resistenzniveau wéi de Maartpräis iwwer den 9-Dag an 21-Deeg bewegende Moyenne ass, wat eng bullish Bewegung beweist. Fir déi lescht Deeg huet de Bitcoin Präis has been moving bullishly, and in the context of the Bitcoin exchange rate forecast; an application of $21,000 resistance is expected.

Bitcoin Präis Prognose: Wäert BTC iwwer $ 21,000 Niveau briechen oder ëmgedréint?

wann der Bitcoin Präis can cross above the upper boundary of the channel, it is likely for the market price to touch the nearest resistance at the $21,000 level. This is where traders should expect buyers to fight for a further rise in BTC/USD and further development of the bullish trend. Meanwhile, there is likely that the Bitcoin price may experience a quick retracement or sell-off just in case it touches the crucial $19,000 support level.

However, any further bullish movement above the channel could reach the resistance level of $23,000, $24,000, and $25,000 respectively. On the downside, if the market decides to cross below the 9-day and 21-day moving averages, BTC/USD could head towards the lower boundary of the channel, and if that support fails to hold the sell-off, the Bitcoin price could see a further decline toward the support levels of $18,000, $17,000, and $16,000. As revealed by the technical indicator, the market may gain more if the Relative Strength Index (14) crosses above the 70-level.

BTC / USD mëttelfristeg Trend: Bullish (4H Chart)

On the 4-hour chart, the Bitcoin price is seen heading to the upside as traders expect the coin to gain the lost momentum so that it could cross above the upper boundary of the channel. On the contrary, if the selling pressure exists and holds the coin does not follow the upward movement, $20,000 and below may come into play.

BTCUSD - 4-Stonne Chart

However, in as much as the buyers keep the price above the 9-day and 21-day moving averages, traders may expect a strong bullish movement that could hit the resistance at $21,500 and above. Meanwhile, the technical indicator Relative Strength Index (14) is within the overbought region, suggesting that more bullish signals may play out.

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De Virverkaf vum Dash 2 Trade huet e super Start ugefaang, an nëmmen e puer Deeg iwwer 2 Milliounen Dollar gesammelt. An der éischter Etapp war de Präis just $ 0.0476 an elo ass et op $ 0.05 eropgaang. An der drëtter Stuf vum Virverkaf geet de Präis op $0.0513 erop.

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Maacht mat bei Hëllefe profitéieren Kanal fir up to date ze bleiwen iwwer breaking news Ofdeckung

Source: https://insidebitcoins.com/news/bitcoin-price-prediction-for-today-october-26-btc-usd-looks-for-a-direction-will-22k-come-to-play