Bitcoin price prediction remains neutral during the Asian session as BTC continues to consolidate in a narrow range of $16,750 to $17,000. On Christmas Day, it looks that there is little volatility and trade activity on the global financial market, which is restraining price movement.
Today Bitcoin Price
| DATE | BTC | USD |
|---|---|---|
| Today | 01 | $ 16,816.95 |
Bitcoin Price Prediction
A bitcoin is currently worth $16,835 and $9.6 billion worth of transactions have taken place in the previous day. With a $324 billion live market cap, CoinMarketCap is rated first. Market dominance for bitcoin decreased even more, from 40.50% to 39.96%.
The technical picture for bitcoin is mostly unchanged. The BTC/USD pair will almost probably continue to surge toward the $17,500 level if it surpasses $17,000. The next level of support for Bitcoin, if it drops below $16,500, is at $16,320.
The 50-day moving average continues to hold back Bitcoin even though the RSI and MACD are both in the area where purchases are considered to be a good idea. Keep an eye on today’s price of $17,000 since it might mark a turning point for Bitcoin.
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