Bitcoin Price Prediction: BTC bulls target $54,500 next : vi

Bitcoin Price Prediction: BTC bulls target $54,500 next


Feb 18, 2021 01:02 GMTCrypto News
BTC/USD bulls catch a breather around record top, keeps upside break of six-week-old resistance marked Wednesday.
Bullish MACD, sustained trading above 10-day SMA, FE 61.8% also favor the buyers.
Early January top restricts bear’s entry, $55,000 adds to the upside filter.
Bitcoin remains on the front foot despite the latest dribbling around the record top of $52.638 during early Thursday. In doing so, the BTC/USD pair keeps the previous day’s upside break of short-term key resistance line while extending run-up beyond 61.8% Fibonacci Expansion (FE) of November 26, 2020, to January 08, 2021, upside and the following pullback to $28,768 on January 22, 2021.

Related Keywords

, Fibonacci Expansion , ஃபைபோனச்சி விரிவாக்கம் ,

© 2025 Vimarsana