🚨🚨Bitcoin (BTC) Price Prediction for February 21th 2024🚨🚨
📍Cryptocurrencies need time to accumulate more energy for a further move, according to CoinStats.$BTC
📍The price of Bitcoin #BTCUSDT is almost unchanged since yesterday, according to CoinStats.Image by TradingView
📍On the hourly chart, the rate of BTC is rising after a false breakout of the local support level of $51,910.
📍If buyers hold the initiative and keep the price above $52,000 until the end of the day, there is a possibility to see a resistance breakout tomorrow.
📍On the hourly chart, the rate of BTC is rising after a false breakout of the local support level of $51,910.
📍If buyers hold the initiative and keep the price above $52,000 until the end of the day, there is a possibility to see a resistance breakout tomorrow.Image by TradingView
📈On the daily time frame, the situation is also bullish. The rate of has come back to the $52.393 level.
If the bar closes near it, one can expect an upward move to the $53,000 zone until the end of the week. Image by TradingView
📊On the weekly chart, the price is on its way to testing the previous candle peak of $52,884.
If the growth continues, there is a possibility to see a test of the $54,000-$55,000 area soon.
$BTC
This is my Analysis, share yours.
