The Bitcoin (BTC) price has regained strength and has risen above the 21-day SMA.
לאַנג-טערמין פאָרויסזאָגן פֿאַר די ביטקאָין פּרייַז: בוליש
On March 13, the largest cryptocurrency rose to a high of $73,666 but was halted. The upswing was halted when Bitcoin slipped between the moving average lines. The cryptocurrency fell to a low of $60,870 as bulls bought the dips. Strong buying at lower price levels has pushed Bitcoin price above the 21-day SMA. Bitcoin has returned to the bullish trend zone and is currently valued at $70,319.
The current uptrend is expected to continue to the previous high of $73,666. However, if the bulls break through the resistance around $73,666, Bitcoin will resume its uptrend towards the psychological price of $80,000.
ביטקאָין גראדן לייענען
Bitcoin is regaining upward momentum after rising above the 21-day SMA twice. Bitcoin will continue its uptrend as long as the price of the cryptocurrency holds above the moving average lines. Furthermore, the price movement has been delayed due to the development of doji candlesticks.
טעכניש ינדאַקייטערז:
שליסל קעגנשטעל לעוועלס - $ 70,000 און $ 80,000
שליסל שטיצן לעוועלס - $ 50,000 און $ 40,000
וואָס איז דער ווייַטער ריכטונג פֿאַר בטק / וסד?
The largest cryptocurrency is moving towards its previous high of $73,666. The BTC price is capable of surpassing the previous high. The cryptocurrency will gain value if it overcomes the current resistance level and moves towards the next resistance level. However, if Bitcoin fails to break through the current resistance levels, it will enter a sideways trend. The cryptocurrency will trade above the moving average line but below the resistance level of $73,000.
אָפּלייקענונג. די אַנאַליסיס און פאָרויסזאָגן זענען די פערזענלעכע מיינונגען פון דעם מחבר און זענען נישט אַ רעקאָמענדאַציע צו קויפן אָדער פאַרקויפן קריפּטאָקוררענסי און זאָל ניט זיין וויוד ווי אַן ענדאָרסמאַנט דורך CoinIdol.com. לייענער זאָל טאָן זייער פאָרשונג איידער ינוועסטינג אין געלט.
Source: https://coinidol.com/bitcoin-continues-to-rise/