The Bitcoin price prediction is up by more than 4.54% as the price struck a sudden and bullish price spike above the moving averages.
Resistance Levels: $70,000, $72,000, $74,000
Support Levels: $54,000, $52,000, $50,000
The daily chart reveals that BTC/USD is pushing the price above the crucial resistance level of $63,000 as the coin keeps moving towards the $65,000 resistance level. However, the number-one crypto is moving with strong bullish momentum after a sustainable break above the 9-day moving average. Meanwhile, BTC/USD has gained over 4% since the beginning of the day as it is currently trading at $63,617.
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.
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.