Home Bitcoin Price Prediction: BTC/USD bulls must overcome resistance at $5,430 to continue upward movement – Confluence Detector
Crypto News

Bitcoin Price Prediction: BTC/USD bulls must overcome resistance at $5,430 to continue upward movement – Confluence Detector

  • BTC/USD has a healthy support level lies at $5,330.
  • On the upside, there are two strong resistance levels at $5,430 and $5,570.

BTC/USD daily confluence detector

fxsoriginal

BTC/USD bulls have remained in charge for a second straight day as the price went up from $5,337 to $5,392. The bulls face two strong resistance levels at $5,430 and $5,570. $5,430 has the one-day Fibonacci 23.6% retracement level, 15-min Bollinger Band and SMA 5. $5,570 has the 4-hour and one-day Previous Highs. On the downside, healthy support lies at $5,330, which has the one-day Fibonacci 38.2% retracement level and 4-hour Previous Low.
 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.