Bitcoin price prediction became positive, with BTC increasing about 1.50% to $17,223.
One of the biggest Bitcoin mining operations in North America, Marathon Digital Holdings, disclosed in an update that it has been experimenting with overclocking to strengthen its competitive position in the BTC mining market.
Today Bitcoin Price
| DATE | BTC | USD |
|---|---|---|
| Today | 01 | $ 17,346.23 |
Bitcoin Price Prediction
Bitcoin is currently trading at $17,200, with a $14 billion 24-hour trading volume. Bitcoin is currently trading extremely positive, with a target price of $17,200. When a doji candle closes close to $17,200, it means that bulls have run out of steam and that sellers may now enter to bring about a bearish correction. The next resistance level, $17,400, can be reached by the price of bitcoin if there is a positive breakout of the $17,200 level.
On the four-hour chart of Bitcoin, a bullish engulfing candle has formed, showing that the market is now experiencing a strong bullish trend. As a result, Bitcoin might rise as high as $17,750.
Lower, the $17,000 level is probably going to operate as an immediate support, and a bearish breakout of this point can extend the downtrend till the following support level, which is either $16,800 or $16,650.
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