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Bitcoin Price Prediction: BTC/USD Retreats; Could it be a Recovery to $60,000 Resistance? Bitcoin (BTC) Price Prediction – April 3 BTC/USD slumps below the resistance level of $58,986. Further downside momentum appears to be imminent but $55,000 may likely come out as support. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Support Levels: $50,000, $48,000, $46,000 BTCUSD – Daily Chart BTC/USD soars to $58,986 in the early hours of today’s trading. The surge saw the price of Bitcoin rise to levels not reached in the last few days. Therefore, BTC/USD is hovering at $56,824 aft...

Bitcoin Price Prediction: BTC/USD Moves Close to $59,000 level as Traders Eye Uptrend Continuation Bitcoin (BTC) Price Prediction – May 3 Today, the Bitcoin (BTC) bulls moved against the USD at numerous levels which almost touched $59,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Support Levels: $51,000, $49,000, $47,000 BTCUSD – Daily Chart BTC/USD is resuming its upward movement after a brief dip yesterday bringing the price from $56,625 to $58,986. A couple of days ago, BTC/USD hit just over $58,500 before retreating to a local low of around $56,072 yesterday. However...

Bitcoin Price Prediction: BTC/USD Fails to Push Higher; Price Moving Away from $60,000 Resistance Bitcoin (BTC) Price Prediction – May 2 At the moment, BTC/USD is seen dropping over 1.77% within 24 hours as it trades at the $56,837 level. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Support Levels: $52,000, $50,000, $48,000 BTCUSD – Daily Chart The daily chart reveals that BTC/USD failed to break above the previous resistance level of $58,550. Moreover, the Bitcoin (BTC) begins the day off by trending lower toward the $56,000 level inside the channel. However, the first supp...

Bitcoin Price Prediction: BTC/USD Accelerates Towards $60,000 As Bulls Blow Hot Bitcoin (BTC) Price Prediction – May 1 With Bitcoin shooting close to $58,000 once again, it has done little to flip the market sentiment at this stage BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Support Levels: $52,000, $50,000, $48,000 BTCUSD – Daily Chart Looking at the daily chart, BTC/USD is correcting gains from $58,500 and it is likely to start a new increase as long as there is no close below $57,000. This morning, the Bitcoin price saw a steady increase above the $57,000 resistance leve...

Bitcoin has been ripping higher over the past few hours, raising the probability of closing this month in the green.