Bitcoin Price Prediction: BTC/USD Moves Around $43,000


Bitcoin Price Prediction – January 15

Bitcoin price projections show that BTC continues to move as the currency paves the way for another strategy.

BTC / USD Historical Past: Bearish (Daily Chart)

Key features:

Opposition Standards: $ 48,000, $ 50,000, $ 52,000

Supporting Terms: $ 38,500, $ 40,500, $ 42,500

BTCUSD – Daily chart

BTC / USD he is currently struggling to keep his position above $ 43,000 and his price could see a drop below the 9-day move. The price of Bitcoin is currently at risk because the price could drop below the $ 42,000 level. If a distraction is played out, then a gradual downfall could attract the next interest at a $ 40,000 support level.

Bitcoin Price Prediction: Bitcoin (BTC) Can Earn More Discounts

If it is The value of Bitcoin if it rejects the higher resistance level, the lower levels can play until the prices touch the next important level. However, crypto number one can have many short-term trades and high volatility as the Relative Strength Index (14) moves around 40-level.

However, traders should be aware that the price of Bitcoin can continue to look down as much as the 9-day MA remains below the MA for 21 days, and its failure to maintain the current level of support could pull the price down. $ 40,000 rate. Thus, a short-term analysis shows that BTC / USD can measure a lower level with the necessary support at $ 41,500 prior to recovery and the support levels to look at are $ 38,500, $ 36,500, and $ 34,400 while the resistance levels are at $ 48,000, $ 50,000, and $ 52,000 in a row.

BTC / USD Medium – Duration: Starting (Chart 4H)

According to the 4-hour chart, BTC / USD has been moving sideways for the past few days, with traders dominating the market. However, if the cattle choose to push the market price above the channel’s upper limit, the investment could earn $ 44,500 and beyond.

BTCUSD – 4 Hour Chart

At the moment, it now appears that the cryptocurrency has not yet recovered until the 9-day MA passes above the 21-day MA, a repeated attempt to break the $ 43,000 resistance seems to indicate that bears are growing rapidly. Also, as the technical indicator Relative Strength Index (14) moves east, any other move that could find needed support at $ 41,500 and below.

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