Bitcoin Price Prediction – April 16
There has been a touch of the $65,000 price resistance level and also a revisit of the late long-featuring resistant line of $60,000. The revisit of the $60,000 occurs in today’s session.
Resistance levels: $65,000, $70,000, $75,000,
Support levels: $55,000, $50,000, $45,000
BTC/USD – Daily Chart
It has now been found technically okay to have a critical support line drawn at the vital price level of $60,000. As of the present, the crypto’s value seemingly drops to relocate its stance in the market in conformity with the formation of a buy signal created by the April 13 bullish candlestick. Both the 14-day SMA trend-line and the bullish trend-line aren’t breached to the south yet and, that suggests that hope is still brighter on the side of getting to see more upsides. The 50-day SMA still points to the north far … Read more