$BTC price analysis: the more likely scenario is a test of the mirror level at $25,400 by the end of the current month BTC Bitcoin BTCprice
are still controlling the situation on the market, some coins have already entered a correction phase.The rate of Bitcoin has seen almost no change since yesterday, while the price has risen by 5.85% over the last week.
On the hourly chart, Bitcoin has broken the local support level at $24,516. If buyers cannot restore the initiative, one can expect a sharp fall to $24,200-$24,400 by the end of the day. On the larger time frame, Bitcoin has made a false breakout of the nearly formed resistance level at $24,921, meaning that bulls are not yet ready to conquer the crucial $25,000 zone.However, if the rate remains above the support at $24,190, growth may possibly occur soon.
From the midterm point of view, the main cryptocurrency is about to close the weekly candle bullish, confirming buyers' presence. In this case, the more likely scenario is a test of the mirror level at $25,400 by the end of the current month.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
BTC, ETH, XRP, ADA and SOL Price Analysis for August 13Which coins can follow the rise of ADA and SOL? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie
Consulte Mais informação »
Ethereum hits 8-month highs in BTC as money heads for 'riskier' altcoinsIs this a bear market rally or a start of a bull market? Ethereum continues its upward trend and reaches 8-month highs.
Consulte Mais informação »
Bitcoin traders still favor new $20K lows as Ethereum hits $2KBitcoin may return to near $20,000 in a breakdown before BTC price hits new, even higher highs.
Consulte Mais informação »
Proof-of-stake vs. proof-of-work: Differences explainedThough Bitcoin's (BTC) transaction history is securely sequenced using proof-of-work (PoW), it consumes a lot of electricity and the number of transactions it can handle at once is limited.
Consulte Mais informação »
How to watch ‘South Park: The 25th Anniversary Concert’ premiere on Paramount+The South Park 25th Anniversary Concert airs at 10 p.m. on August 13. It then arrives on Paramount Plus on August 14 at 3 a.m.
Consulte Mais informação »
Norwegian BTC Miner Moves Beyond the Arctic Circle to Cut Energy Costs (Report)Electricity prices are much lower in northern Norway, which is why the BTC miner Kryptovault AS is willing to move its activities there.
Consulte Mais informação »