Will BTC stay above $20k USD? #1rstCase
Peace,
Good day to you content creators,
Bitcoin (BTC) chart describes a tiny increase in value for the past 2 weeks when I analyze the 24 hours candles.
The value of the token has been moving sideways for a long time, but prices are showing signs of correction and slow-down on the way toward testing the closest resistant line at around $22000 USD. The present price of BTC is set at $20800 USD. The moving average curves haven't crossed one time since the latest breakaway. The price stabilization is expected to happen on the current course for the next couple of days. I share the opinion of many crypto analysts that the price could be returning to the higher value previously attained. In any case, the situation should be under regular monitoring, besides it is wise to hold your bag of tokens or convert part of your gain into a stable coin BUSD or DAI.
It is important to never invest more than you can afford to lose. The opinions given in this article are only for educational purposes. Please I strongly stress the point of conducting your full detailed research on the crypto you are targetting before any action in this volatile market.
Thanks for reading this post and spending some time exploring the content available on the blog page.
If you haven't played Splinterlands, check-in for free here my referral links
The official telegram group Splinterlandstelegram
--
Please share with us in the comment section whatever suggestions or questions you would like me to consider for the improvement of this series of crypto price analyses.
Warm regards
Posted Using LeoFinance Beta
It could go either way because it's just moving sideways. I just can't tell right now but it doesn't bode well that the buyers aren't really showing up though.
Posted Using LeoFinance Beta