Bitcoin (BTC) Price Prediction – June 15, 2021
BTC/USD price makes positive moves to the previous highs as Bitcoin reclaims $40,000. The bulls are yet to sustain above $40,000 resistance convincingly. Presently, BTC price is fluctuating below and above the resistance level. This will be the first time; Bitcoin will be breaking the $40,000 price level since May 20. Can the bulls sustain the bullish momentum?
Resistance Levels: $45,000, $46,000, $47,000
Support Levels: $35,000, $34,000, $33,000
Bitcoin (BTC) has been in a downward correction since May 19. On June 12 and June 13, BTC price retested the $35,000 support which resulted in a rebound above the current support. The rebound catapulted the coin to rally to $39,000 resistance. After two days of the correction below the resistance, BTC price broke the resistance and rallied above $40,000. Buyers are yet to sustain the bullish … Read more