btc price analysis

3 reasons why Bitcoin is on shaky ground after failing to retake $60K

Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over. BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading. With sellers still in place closer to all-time highs of $64,500, the largest cryptocurrency …

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Bitcoin traders are eyeing these price levels as BTC rebounds from weekend crash

The price of Bitcoin (BTC) is recovering after a strong sell-off during the weekend, caused by cascading liquidations in the futures market. BTC/USDT 15-minute price chart (Binance). Source: Tradingview.com Traders are pinpointing three levels as the critical price areas to watch in the short term: $51,200 as the major support, $60,300 as the important resistance, …

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Bitcoin at $62K ‘great buy’ before next surge, says fund manager

Bitcoin (BTC) looked set to retest previous all-time highs on April 15 as a fund manager called a “great opportunity to buy.” BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Cointelegraph Markets Pro and TradingView showed a 3.3% daily comedown for BTC/USD taking aim at new support levels on Thursday. Bitcoin outlook “wildly bullish” After surging …

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Watch these key technical levels as Bitcoin price nears $61,800 all-time high

The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting to look at new levels of resistance and support in the short-term as optimism returns to the market. In the near term, besides the all-time high at around $61,800, there …

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Bitcoin price can hit $25K before 2021 if this key support level holds

Bitcoin (BTC) price has seen a massive rally in previous months, accelerating from $10,000 to a recent all-time high of around $23,700. This is a rally of 135% in just a matter of a few months.  It’s speculative to discuss where the price of Bitcoin could run from here. However, certain levels must be held …

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