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<h2 id="header-0">After a volatile week, Bitcoin has managed to reclaim and push through the $20,000 barrier.</h2>Last Tuesday, the top cryptocurrency was seen above $20,000, climbing to $20,383.<a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" rel="noopener noreferrer nofollow">Bitcoin&#39;s</a> price needs bullish momentum to break over its resistance. And, based on recent chart patterns, we might see one soon. The short-term prediction anticipates a run that could top out at around $21,000. This was the situation toward the end of the previous month, when significant sell-side pressure continued.&#34;The 20500-21000 range is a sell zone.&#34; Don&#39;t be too bullish if the price gets there, which it should.&#34; The current push is Bitcoin&#39;s seventh attempt in many weeks to escape a huge liquidity cloud. Bitcoin gained as part of a larger risk market wave that saw US equities close the day higher.Bitcoin price formed a bottom above $19,000 and started a steady rise. BTC was able to break through the resistance levels of $19,500 and $19,650. The bulls were successful in driving the price above the $20,000 barrier level. The price reached a high of $20,479 and is presently erasing gains. It is currently trading over $20,000 as well as the 50 hourly simple moving average. Bitcoin is presently slowly sliding below $20,400.On the four-hour price chart, bitcoin price shows a small increase in momentum, which has initiated a consolidation in the form of an ascending parallel channel. The latest retest of this pattern&#39;s bottom trend line has caused BTC to bounce and continue to rise.The ascending channel was created by Bitcoin price on September 18, and while the setup has a bearish bias due to the breakdown of the lower trend line, Bitcoin price is now going upward and shows no signs of slowing down. It is unlikely to calm down until it approaches the $20,800 resistance level, which is at the conjunction of a horizontal resistance level and a falling trend line. It will be reaching a turning point in its price growth at that point.According to <a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow">Price Analysis</a>, The market capitalization of this BTC is estimated to be $385,855,603,449. The 24-hour trading volume for the coin is around $36,174,907,369. BTC market capitalization has risen by 2.69%. However, trade volume increased by 23.56% during intraday trading. The market capitalization to volume ratio is 0.09382.The price has made a high at $20,479 and is presently some selling pressure seen at upper level. On the upside, an immediate barrier is at the $20,500 level. The first major resistance is located at the $20,800 level. The next significant upward barrier is at the $21,250 level, beyond which the price might increase to the $22,000 zone. Any further rises might push the price up to $23,200.If no upward break occurs, the price may begin a downward correction below $20,000, or the 23.6% Fib retracement level of the upward move from the $18,923 swing low to the $20,479 high. The next key level of support is between $19,700. It is close to the 50% Fib retracement level of the upward move from the swing low of $18,923 to the high of $20,479. Any more losses may require a move towards the $19,500 support level or the 50 simple moving average 4-hours. The major support is close to the $19,000 level.KEY LEVELS :RESISTANCE LEVEL : $20500-$21000SUPPORT LEVEL : $19800-$19400BITCOIN having broken through the $20,000 barrier but facing resistance at the $20,500 mark barrier and price is also rejected from top of rounded bottom pattern, Could you please share your thoughts?

BITCOIN PRICE ANALYSIS CMP-$20,200: Bitcoin's price has soared above $20,000? Will it hold?

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