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Bitcoin bar chart 4h6/23/2023 ![]() ![]() Therefore, any further bullish movement could hit the resistance levels of $33,000, $35,000, and $37,000 respectively. ![]() Meanwhile, looking at the market movement, there is likely that the Bitcoin price could experience a quick retracement or sell-off just in case it touches the crucial support level of $26,000 but if not traders may see the coin breaking above the upper boundary of the channel to push higher. This is where traders should expect buyers to fight for a further rise in the market so that the king coin can create additional gains. Looking at the daily chart, if the Bitcoin price can move toward the upper boundary of the channel, it is likely for the market price to touch the potential resistance level of $28,000 level. Bitcoin Price Prediction: Will BTC Break Above $28,000 Level? For the past few days, the Bitcoin price has been ranging and in the context of the V exchange rate forecast an application of $28,000 resistance is expected. Support Levels: $21,000, $19,000, $17,000īTC/USD is hovering at the $27,099 resistance level as the market price moves to cross above the 9-day and 21-day moving averages, indicating a bullish movement. Bitcoin circulating supply – 19.3 millionīTC/USD Long-term Trend: Ranging (Daily Chart).The Bitcoin price prediction gains 0.56% as bulls keep working hard to nurture a bullish trend above the moving averages. ![]() Join Our Telegram channel to stay up to date on breaking news coverage ![]()
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