Coin Gabbar Token

Bitcoin has crossed $20,000 in price against the dollar. If BTC stays over $20200, the rally will continue to $20500-$20900.
<a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" rel="noopener noreferrer nofollow">Bitcoin’s price range</a> remained strongly sustained above the $19,550 level. BTC also failed to break over the $20,500 resistance level.
There was a recent decline below the $20,000 barrier. The bulls, on the other hand, were active at the $19,500 level. A low was created near $19,560, and the price began to rise rapidly. Above the $19,800 and $20,000 levels, there was a move.
The bulls pushed the price above the 50% Fib retracement level of the recent drop from the $20,473 swing high to the $19,560 low. Bitcoin is now trading at the $20,000 level and the 100 hourly simple moving average.
On the upside, an immediate support is at the $20,125 level. It is close to the 61.8% Fib retracement level of the recent decline from the $20,473 swing high to the $19,560 low. On the hourly chart of the BTC/USD pair, there is also a major bearish trend line forming with resistance near $20,200.
The next major resistance lies between $20,350 and $20,500. A clear break above the $20,500 resistance level might push the price up to $21,200. Any further gains might trigger a steady move towards the $22,000 resistance zone.
If bitcoin fails to break through the $20,350 resistance level, it may fall further. On the downside, there is immediate support at $19,850.
The next major support is at $19,550. The major support is located at $19,500. A break below the $19,500 support level might trigger a sharp decline below $19,000. Any more losses may require a move to $18,500 in the near term.
KEY LEVELS :
RESISTANCE LEVEL : $20500-$20900
SUPPORT LEVEL : $19800-$19400
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Cryptocurrency price update: BITCOIN PRICE ANALYSIS : BITCOIN reverse from triple bottom, bulls eye on NON-FARM payroll data

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