Bitcoin (BTC) Price Prediction: BTC/USD Pushes on the Upside, Can Bulls Reclaim $50k High?

Bitcoin Bulls Face an Uphill Task, Can Bulls Reclaim $50k High? – January 12, 2022

On January 10, BTC/USD has rebounded above the $39,100 support as the market rose to the previous high but can bulls reclaim $50k High? The upward move is facing resistance at the high of $44,000. Bitcoin bulls have an uphill task to resume upside momentum. Buyers will have to break above the moving averages or the $48,000 resistance.

Resistance Levels: $70,000, $75,000, $80,000
Support Levels: $50,000, $45,000, $40,000

BTC/USD – Daily Chart

Buy Bitcoin Now

On January 10 rebound, BTC price rallied above $$43,500 but was resisted at the $44,000 resistance zone. Nevertheless, if the bulls have broken above the $45,000 high, the BTC price would have fallen to the previous range zone. Before the January 7 price slump, BTC’s price was fluctuating between $45,600 and $48,000. This enables it to retest the … Read more

Bitcoin Price Prediction: BTC/USD Could Hit $45,000 Level

Bitcoin Price Prediction – January 11

The Bitcoin price prediction bounces off the support at $41,274 as the coin moves close to the resistance level of $43,000 within the channel.

BTC/USD Long-term Trend: Bearish (Daily Chart)

Key levels:

Resistance Levels: $48,000, $50,000, $52,000

Support Levels: $37,000, $35,000, $33,000

BTCUSD – Daily Chart

Buy Bitcoin Now

BTC/USD is currently trading around $42,824 with a 2.39% gain after the daily low at $41,274. According to the daily chart, the Bitcoin price may continue to fight to stay above the important level of $45,000 as it could move to cross above the 9-day moving average. However, for BTC/USD to remain above this barrier for the next few days, the bulls need to make the $42,000 support level to be strong.

Bitcoin Price Prediction: Bitcoin (BTC) May Spike Higher

At the time of writing, the Bitcoin price is seen moving to cross above the … Read more

Ripple Price Prediction: XRP/USD Sees Major Dip, Price Falls Below $0.75

Ripple Price Prediction – January 10

The Ripple price prediction is seen in the bearish scenario as XRP faces the negative side to cross below the lower boundary of the channel.

XRP/USD Market

Key Levels:

Resistance levels: $0.85, $0.90, $0.95

Support levels: $0.60, $0.55, $0.50

XRPUSD – Daily Chart

Buy Ripple Now

Looking at the chart, XRP/USD is currently trading at $0.73, moving below the 9-day and 21-day moving averages. The Ripple price may remain at the downside as the 9-day MA stays below the 21-day MA. At the time of writing, there is not any promising movement by the bulls as the bears are dominating the market heavily.

Ripple Price Prediction: Ripple (XRP) May Remain at the Downside

The daily chart reveals that the Ripple price is not yet ready for the upside as the coin prepares to break to the south with heavy bearish movement. However, if XRP/USD … Read more

Bitcoin Cash Price Prediction: BCH/USD Price May Settle Below $350

Bitcoin Cash Price Prediction – January 9

The Bitcoin Cash price prediction shows BCH moving within the channel at the lowest price since the past few weeks.

BCH/USD Market

Key Levels:

Resistance levels: $420, $440, $460

Support levels: $320, $300, $280

BCHUSD – Daily Chart

Buy Bitcoin Cash  Now

For the past few days, most of the major coins of the crypto market have been recording losses and the crypto market has been moving in reds. Similarly, BCH/USD is crashing down even harder as it currently trades at $378.69. However, the Bitcoin Cash price is having more inversely trading red candles than the green candles.

Bitcoin Cash Price Prediction: Bitcoin Cash (BCH) Could Drop More

The Bitcoin Cash price continues to move to the downside, and it could drop towards the lower boundary of the channel. BCH/USD has been unable to hold the volatility; the downtrend is leading the coin … Read more

Bitcoin (BTC) Price Prediction: BTC/USD Retests $40k Low as Bitcoin Pulls Back

  BTC/USD Rebounds above $40k as Bitcoin Pulls Back– January 8, 2022

On January 5, BTC/USD resumed selling pressure after the bears break below the $45,600 support as Bitcoin pulls back. Since December 29, Bitcoin has been confined between $45,600 and $4 8,000. The bears have the upper hand as they broke below the $45,600 support. Today, Bitcoin has declined to $40,801 at press time. The current price slump has pushed Bitcoin to the oversold region of the market.

Resistance Levels: $70,000, $75,000, $80,000
Support Levels: $50,000, $45,000, $40,000

BTC/USD – Daily Chart

Buy Bitcoin Now

Bitcoin’s (BTC) price has plunged to the low of $40,801low. Today, BTC price is retesting the historical price level of September 28 which is the $40,801price level. The bears may want to break this historical price level which has been held since September. In September, the bears retested the current support twice … Read more