CRYPTO NEWS - Bitcoin Price Aims For $21,000, Will There Be A Wider Trend Change?
CRYPTO NEWS - Bitcoin Price Aims For $21,000, Will There Be A Wider Trend Change?
Intro: (0:00)
Bitcoin Price Aims For $21,000: (1:11)
Ethereum News (1:15)
Crypto News: (2:12)
Bitcoin Price: (3:41)
Ethereum Price: (4:15)
Outro: (8:15)
Over the past 24 hours, the price of bitcoin again registered a rise. During that time, the coin rose 3%. This also helped other major altcoins turn green during this time.
BTC is up almost 8% in the last week. If the bulls continue their onslaught, reaching the $21,000 mark will not be a difficult step for bitcoin's price.
The technical outlook is tilted toward the bulls again. Buyers have taken control of prices in the market. Demand for the asset has also increased.
The probability of a price pullback cannot be completely ruled out. The coin must overcome the upper resistance to touch the $21,000 level.
Even if the coin returns to the $21,000 level, it is important that BTC trades above that level for long enough for the bulls to stay in place, leading to a broader trend change.
A difficult resistance at the $20,800 level could arise for the bitcoin price. Overcoming that level could help the coin climb to $21,000.
For bitcoin to continue its bullish thesis, once the $21,000 price level is overcome, the $21,200 price ceiling must be broken.
#crypto #bitcoin #ethereum
Intro: (0:00)
Bitcoin Price Aims For $21,000: (1:11)
Ethereum News (1:15)
Crypto News: (2:12)
Bitcoin Price: (3:41)
Ethereum Price: (4:15)
Outro: (8:15)
Over the past 24 hours, the price of bitcoin again registered a rise. During that time, the coin rose 3%. This also helped other major altcoins turn green during this time.
BTC is up almost 8% in the last week. If the bulls continue their onslaught, reaching the $21,000 mark will not be a difficult step for bitcoin's price.
The technical outlook is tilted toward the bulls again. Buyers have taken control of prices in the market. Demand for the asset has also increased.
The probability of a price pullback cannot be completely ruled out. The coin must overcome the upper resistance to touch the $21,000 level.
Even if the coin returns to the $21,000 level, it is important that BTC trades above that level for long enough for the bulls to stay in place, leading to a broader trend change.
A difficult resistance at the $20,800 level could arise for the bitcoin price. Overcoming that level could help the coin climb to $21,000.
For bitcoin to continue its bullish thesis, once the $21,000 price level is overcome, the $21,200 price ceiling must be broken.
#crypto #bitcoin #ethereum
