Bitcoin (BTC) Price Prediction: BTC/USD Rallies above $50,000 Psychological Price Level, Further Upside Likely

in hive-116221 •  4 years ago 

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Bitcoin (BTC) Price Prediction – February 18, 2021
On February 17, Bitcoin bulls broke the $50,000 psychological price level as price rallied to a high of $52,577. BTC/USD made a pullback to $51,000 low as price resumed consolidation above it. In the meantime, price is fluctuating between $51,000 and $52,500.

Resistance Levels: $50,000, $51,000, $52,000
Support Levels: $40,000, $39,000, $38,000


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