• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home UK

BTC/USD Price Touches $43,416 Level

CB4U by CB4U
January 15, 2022
in UK
0
BTC/USD Price Touches $43,416 Level
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Bitcoin Price Prediction – January 14

As the daily chart reveals, the Bitcoin price shows that BTC is trading near the resistance level of $44,000 as the recovery comes slowly.

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

Key levels:

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

Support Levels: $38,000, $36,000, $34,000

BTCUSD – Daily Chart

At the time of writing, BTC/USD is seen trading at $43,182 after soaring to $43,416 in the early hour of today’s trading. The first digital asset is also seen pulling back to where it is currently trading and may likely head downwards if the bears drag the price back below the 9-day moving average.

Bitcoin Price Prediction: Is Bitcoin (BTC) Ready for the Upside?

On the bullish side, it is important for bulls to keep pushing the Bitcoin price above the 9-day moving average in other to cross above the upper boundary of the channel, otherwise, there may come a bearish breakdown when BTCUSD falls below that barrier. The 9-day MA is likely to cross above the 21-day MA as the technical indicator Relative Strength Index (14) is preparing to cross above 40-level where an oscillation to the higher boundary may confirm the proper trend which is more likely a bullish trend at the time of the outcome.

However, BTC/USD may need to confirm the bullish trend if the market price moves above the previous high of $44,000. On the contrary, the Bitcoin price may follow the bearish trend if the price moves toward the lower boundary of the channel. Should this happen, the king coin may drop to the critical supports of $38,000, $36,000, and $34,000. As the technical indicator Relative Strength Index (14) heads to the upside, a strong bullish spike may push the price towards the resistance levels of $48,000, $50,000, and $52,000.

BTC/USD Medium-Term Trend: Ranging (4H Chart)

According to the 4-hour chart, BTC is moving sideways as the market is likely to fall below the 9-day and 21-day moving averages. However, the intraday trading is yet to disclose the exact direction it’s going to take; following the recent rebound at $41,752 which is now a key support level. The next key support level is $41,800 and below.

BTCUSD – 4 Hour Chart

However, considering the recent sharp rebound, the Bitcoin price may continue the bullish rally to $44,000 resistance. A climb above this level may further push BTC price to the resistance level of $44,500 and above as the technical indicator Relative Strength Index (14) moves in the same direction, suggesting sideways movement for the market.

Looking to buy or trade Bitcoin (BTC) now? Invest at eToro!

68% of retail investor accounts lose money when trading CFDs with this provider

Read more:

Advertisement Banner
Previous Post

North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds – News Bitcoin News

Next Post

Second Parachain Auction Winner Moonbeam Goes Live on Polkadot

CB4U

CB4U

Next Post
Second Parachain Auction Winner Moonbeam Goes Live on Polkadot

Second Parachain Auction Winner Moonbeam Goes Live on Polkadot

Discussion about this post

RECOMMENDED

Korea’s Crypto Exchanges Are Planning To Form A New Emergency System

Korea’s Crypto Exchanges Are Planning To Form A New Emergency System

8 months ago
10 Crypto Projects To Sell Before They Die

10 Crypto Projects To Sell Before They Die

9 months ago

DON'T MISS

FTX Has Been Pure Hell

FTX Has Been Pure Hell

February 7, 2023
My Neighbor Alice Takes A Fresh Approach To The Concept…

My Neighbor Alice Takes A Fresh Approach To The Concept…

February 7, 2023
The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer – Economics Bitcoin News

The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer – Economics Bitcoin News

February 7, 2023
Top Crypto Token Price For Today,  Feb 3rd

Top Crypto Token Price For Today, Feb 7th

February 7, 2023
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

FTX Has Been Pure Hell

FTX Has Been Pure Hell

February 7, 2023
My Neighbor Alice Takes A Fresh Approach To The Concept…

My Neighbor Alice Takes A Fresh Approach To The Concept…

February 7, 2023
The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer – Economics Bitcoin News

The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer – Economics Bitcoin News

February 7, 2023

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
en English
en Englishja Japaneseko Koreantl Filipinovi Vietnamesehi Hindibn Bengalita Tamilzu Zulusw Swahilide Germanfr Frenches Spanishpt Portugueseru Russian