Bitcoin (BTC) price is in an upward correction as it breaks above the moving average lines.
Bitcoin kainos ilgalaikė prognozė: Meškų
The largest cryptocurrency rose to a high of $20,469 on October 4 as buyers tried to maintain bullish momentum. Buyers will try to retarget the overhead resistance at $25,212 if the bullish momentum continues. Conversely, Bitcoin risks another decline if it moves down from the 21-day line SMA or the resistance zone at $20,000.
The BTC price will fall below the 50-day line SMA and be forced into an area between the moving average lines. Sellers will try to push the cryptocurrency to the previous low at $18,200. In the meantime, the BTC price is still holding above the psychological price level of $20,000.
„Bitcoin“ (BTC) rodiklio nuskaitymas
Bitcoin’s recent upward correction has pushed it to level 54 on the Relative Strength Index for period 14. Bitcoin is capable of further upward movement within the uptrend zone. The largest cryptocurrency is forced to move between $18,200 and $20,000. The cryptocurrency is likely to decline as it is below the 80% area of the daily stochastic.
Techninis rodiklis
Pagrindinės pasipriešinimo zonos: 30,000 USD, 35,000 USD, 40,000 USD
Pagrindinės palaikymo zonos: 25,000 USD, 20,000 USD, 15,000 USD
Kokia yra kita BTC / USD kryptis?
On a lower time frame, bitcoin is in an uptrend as the price breaks above the moving average lines. The uptrend is stuck at the $20,469 resistance. Since October 4, the BTC price has been fluctuating below the recent high. The cryptocurrency will rise to $21,300 if the current resistance is broken.
Atsisakymas. Ši analizė ir prognozė yra asmeninė autoriaus nuomonė ir nėra rekomendacija pirkti ar parduoti kriptovaliutą ir neturėtų būti vertinama kaip CoinIdol patvirtinimas. Prieš investuodami į fondus skaitytojai turėtų patys atlikti tyrimus.
Source: https://coinidol.com/bitcoin-is-unstable/