Bitcoin (BTC) price has been moving up only since January 22 but could slip into a consolidation before the next leg up.
Bitcoin price retests a tough resistance level at $52,062. A lack of momentum is likely to trigger a correction and consolidation for the next few weeks. Investors can expect BTC to remain between the $52,062 to $45,156 levels. Bounce at the lower end of the potential range could see a revisit of the $58,399 weekly resistance level. Bitcoin price has been moving up only since January 22 but could slip into a consolidation before the next leg up.
The upside target for Bitcoin price includes the next weekly resistance level at $58,399. However, it is unlikely BTC will stop at this level, a quick extension higher could see the pioneer crypto revisit the $60,000 psychological level after more than two years. The euphoria, coupled with the retail FOMO for hitting $60,000 could be enough to propel Bitcoin price to retest and overcome the all-time high of $69,138.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Bitcoin Weekly Forecast: BTC targets $52,000, will New Moon trigger a pullback first?Bitcoin (BTC) price action is showing strength and volatility after seven weeks of consolidation.
Leer más »
Bitcoin (BTC) to Hit $50K After Bullish Weekly Divergence, Says Top AnalystWith halving event ahead, Bitcoin is on brink of hitting $50K
Leer más »
Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish ForecastBitcoin OG Tuur Demeester, who masterfully predicted peak of 2021 rally, indicates ambitious goals for BTC
Leer más »
Bitcoin Breaks $1 Trillion Market Cap as BTC Price Goes ParabolicBitcoin surges past $1 trillion market cap barrier as BTC price skyrockets to levels unseen since 2021
Leer más »
This is How Bitcoin ETF Inflows Are Affecting BTC’s Price MovementCrypto Blog
Leer más »
Crypto Market Cap Hits $2 Trillion as Bitcoin (BTC) Price Taps $52K (Market Watch)Crypto Blog
Leer más »