The cryptocurrency Bitcoin is continuing trading in a new historical bullish trend, while the last higher price was at $ 41950.00
( BTC ) is trading now at $ 39059.16
Our outlook to update our Support & Resistance areas prediction according to the chart indicators, Normally we could see some of the correction areas to test the new support areas in preparing to hit & exceed the $ 46000.00 area to fly over $ 49000.00
At the same time, we have a good control volume area around $ 36650.00
Otherwise, we advise buyers to place a stop loss below $ 36300.00 areas, as breaking these prices leads to a correction.
As Shown
The Chart Below
Prediction:
Target: to hit $ exceed $ 45000.00 then fly over $ 48000.00
Bitcoin digital currency, if the price of $ 36300.00 is broken, it may target levels of $ 33288.00
Support & Resistance:
Support: $ 36300.00 - $ 33288.00 - $ 28130.00
Resistance: $ 41950
Important:
The result depends on our personal Vision which could be right or wrong
We analyze the past to predict the future.