Bitcoin is staying stable throughout the Asian session on December 13 after regaining upward momentum above the $17,000 barrier.
As major cryptocurrencies traded in the green early on December 13, the market capitalization of all cryptocurrencies grew by 0.27% to $848.96 billion. To reach $35.10 billion in the past 24 hours, the total volume of the cryptocurrency market climbed by 29.04%.
The $2.13 billion total volume of DeFi at this time is 6.06% of the 24-hour volume of the entire crypto market. Stablecoins now account for $33.82 billion, or 96.35%, of the total 24-hour volume of the cryptocurrency market.
Today Bitcoin Price
| DATE | BTC | USD |
|---|---|---|
| Today | 01 | $17,719.82 |
Bitcoin Price Prediction
The price of Bitcoin is currently $17,179, and there are $17 billion worth of transactions every day. In the past day, the BTC/USD pair has increased by around 1.3%, and CoinMarketCap is currently in first place with a live market worth of $360 billion, up from $325 billion yesterday.
Technically, Bitcoin has resumed its upward trend above the $19,900 main support level. On the 4-hour timescale, Bitcoin is currently trading in a bullish channel, which is probably going to sustain it close to $16,900.
The key level of resistance for Bitcoin is still $17,350, and a bullish crossover over it may take it as high as $17,760.
Investors should search for a purchasing position over $17,350 today because the MACD and RSI indicators show a buying trend.
On the other hand, a bearish breakout of the $16,900 level could expose BTC to the $16,700 level. The subsequent supports for Bitcoin are probably located between $16,350 and $16,000 further down.
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