Critical Levels Bitcoin Investors Should Follow!
Trading Analysis

Critical Levels Bitcoin Investors Should Follow!

1 хв
1 year ago

Will Bitcoin continue to rise? What is the future of Bitcoin? Bitcoin Price Prediction! Current Bitcoin Analysis!

Critical Levels Bitcoin Investors Should Follow!

Зміст

  • Our analysis for Bitcoin yielded a 3% gain.
  • Will Bitcoin continue to have daily candlestick closes above the critical resistance level of $28,600?
  • Where are the important support and resistance levels that Bitcoin investors should follow?

Will Bitcoin continue to rise? What is the future of Bitcoin? Bitcoin Price Prediction! Current Bitcoin Analysis!

Short-Term Bitcoin Price Analysis!

2 Hour Bitcoin/Dollar Price Chart Source: TradingView

When we examine the short-term price chart for Bitcoin, it has experienced a 3% increase from the region we shared yesterday and is trying to hold on to the support level of $28,278 with a 2-hour timeframe at the time of writing.

If the Bitcoin price can continue to have 2-hour candlestick closes above the support level of $28,278 mentioned in the analysis, it can reach the next target of $29,400 mentioned in the analysis.

If the Bitcoin price can make daily candlestick closes above the $29,400 level, the next target will be around $30,460.

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