Bitcoin (BTC), the most well-known and frequently used digital currency in the world, extended its protracted upward march to a high of $21,000, a 12% increase in 24 hours.
The cryptocurrency market had a fantastic week this week, with almost all major tokens experiencing big price increases, with BTC and ETH both jumping by around 25%. Other cryptocurrencies’ prices, including those of Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP), are all in the green.
Today Bitcoin Price
| DATE | BTC | USD |
|---|---|---|
| Today | 01 | $ 20,934.82 |
Bitcoin Price Prediction
Bitcoin is currently trading at $20,911, with a $40 billion 24-hour trading volume. Bitcoin is on fire right now and has already surpassed $20,500, which is serving as a strong support.
This level’s bullish breakout has created further room for the uptrend to reach $21,000 or much higher, to the trading milestone of $23,000.
For Bitcoin, the immediate support level is $20,500, or $20,000. The RSI and MACD indicators have both crossed into overbought territory at the same time. As a result, we need to pay attention to $21,500 because failure to surpass it could cause the price of BTC to decline.
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