Hi GuysâĄ
As can be seen in the daily chart of Bitcoin, this cryptocurrency has grown by about 25% in the last week. In the previous analysis of Bitcoin, we mentioned that the target of this currency in the short term could be $18,000, which could easily break this resistance level and react to the daily resistance of $21,000.
to give When the price hit the $21,000 resistance zone, sellers' orders were activated and lowered the price to $20,300.
The RSI indicator shows the number 88.33 in the overbought area. Therefore, it is expected that the price will have a short correction to the $19,000 area and then repeat the scenario of last week. Bitcoin's next stop could be the $22,500 resistance area. If it crosses this area, it is expected that reaching the price of $25,000 for Bitcoin is not far from expected.
Arztoday TeamâĻ
As can be seen in the daily chart of Bitcoin, this cryptocurrency has grown by about 25% in the last week. In the previous analysis of Bitcoin, we mentioned that the target of this currency in the short term could be $18,000, which could easily break this resistance level and react to the daily resistance of $21,000.
to give When the price hit the $21,000 resistance zone, sellers' orders were activated and lowered the price to $20,300.
The RSI indicator shows the number 88.33 in the overbought area. Therefore, it is expected that the price will have a short correction to the $19,000 area and then repeat the scenario of last week. Bitcoin's next stop could be the $22,500 resistance area. If it crosses this area, it is expected that reaching the price of $25,000 for Bitcoin is not far from expected.
Arztoday TeamâĻ
