Cryptocurrency

Bitcoin

Clash

Resistance

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" title="Bitcoin price" class="f-link" rel="noopener noreferrer nofollow">Bitcoin price</a> has encountered challenges in maintaining a bullish trend since December.</li>
 <li>The weekly timeframe experienced the dismissal of a double top reversal pattern.</li>
 <li>A looming potential head and shoulders reversal pattern signals a more worrisome scenario for Bitcoin, suggesting the likelihood of a downward movement.</li>
 <li>$BTC is presently trading within a range on the 4-hour chart.</li>
 <li>A DragonFly Doji candlestick pattern emerged on the daily chart yesterday.</li>
 <li>The determination of new trends depends on a breakout, whether above the $43,800 level or below the $42,000 level.</li>
 <li>As per <a href="https://www.coingabbar.com/en/price-analysis" title="Coin Gabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coin Gabbar analysis</a>, #Bitcoin Price Prediction 2030 is $200,000, while Bitcoin #PricePrediction 2040 exceeds $500,000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $43,800-$44,500
SUPPORT LEVEL : $41,650-$41,000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Bitcoin Price Prediction: Bulls Clash with Resistance

Coingabbar

Alte articole publicate pe 3 feb. 2024

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