Bitcoin Price Prediction: BTC Prepares For A 26% Upside If Daily Price Closes Above This Level - BitcoinEthereumNews.com
स्रोत: ट्रेडिंग व्यू On the daily chart, Bitcoin (BTC) price after losing nearly 65% from the record highs made in November at $69,000, the price is looking to form a base in pursuit of another 26% upside from the current levels. The ascending trend line from the lows of $32,933.33 acts as reliable support for BTC bulls. BTC retraced almost 35$ after making swing highs at $45,855. As this time BTC meets the buyers near $34,322 signaling bulls making a comeback and could push the asset back to the upside territory. A daily close above the psychological $40,000 level would first capture the highs made on February 17 at $44,195.62 followed by a $48,000 horizontal line. On the flip side, BTC still trades below the crucial 50-day and 200-day EMAs (Exponential Moving Average) at $41,529 and $45,847.64 respectively. Further, a failure to hold the sessions low could test the bullish slopping line at $36,220. तकनीकी संकेतक: RSI: The Daily Relative Strength Index (RSI) reads at 46 with a neutral bias. एमएसीडी: The Moving Average Convergence Divergence (MACD) hovers below the midline receding bearish momentum. अस्वीकरण प्रस्तुत सामग्री में लेखक की व्यक्तिगत राय शामिल हो सकती है और यह बाजार की स्थिति के अधीन है। क्रिप्टोकरेंसी में निवेश करने से