Bitcoin (BTC) Price Prediction – April 13, 2021
From every indication, Bitcoin bulls have broken the resistance at $60,000 and $61,800. The price surge has continued above the $63,000 high. This current price movement has a target price of $65,000 high. Buyers will continue the upside momentum after booking profits above the $65,000 high.
Resistance Levels: $58,000, $59,000, $60,000
Support Levels: $40,000, $39,000, $38,000
The breaking of the resistance levels has been dramatic since February 21. Firstly, BTC/USD rebounded above the $58,000 support and the bullish momentum propel price to break the $60,000 high. The same bullish momentum retested the $61,000 high but pulled above the $60,000 support. Nonetheless, buyers retested the $61,000 overhead resistance thrice on April 10, 12, and 13 before sellers were overcome. BTC price now has accelerated price movement to resume the upside momentum. Today, Bitcoin is trading at $63,476 at the … Read more