BitcoinLong
Bitcoin Price Analysis — September 11
Following an aggressive 16% rally over the past four days, Bitcoin stands on the brink of scaling the long-resistant 21.7K pivot top on Sunday.
The benchmark cryptocurrency graciously picked itself after suffering a sharp plunge to the 18.5K axis, posting a parabolic rally since September 7. With the excitement over the upcoming Ethereum Merge upgrade fueling bullish sentiment in the market, BTC stands the chance of rebounding near the highly-elusive
25K mark.
Meanwhile, my resistance levels are at $21,700, $22,000, and $23,000, and my key support levels are at $21,000, $20,500, and $20,000.
Total Market Capitalization: $1.06 trillion
Bitcoin Market Capitalization: $415.2 billion
Bitcoin Dominance: 39%
Market Rank: #1
The benchmark cryptocurrency graciously picked itself after suffering a sharp plunge to the 18.5K axis, posting a parabolic rally since September 7. With the excitement over the upcoming Ethereum Merge upgrade fueling bullish sentiment in the market, BTC stands the chance of rebounding near the highly-elusive
25K mark. Meanwhile, my resistance levels are at $21,700, $22,000, and $23,000, and my key support levels are at $21,000, $20,500, and $20,000.
Total Market Capitalization: $1.06 trillion
Bitcoin Market Capitalization: $415.2 billion
Bitcoin Dominance: 39%
Market Rank: #1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.