* Our Parent Company Crypto Token is GOING LIVE!!! *Flag Token

Bitcoin Price Aims For $21,000, Will There Be A Wider Trend Change?

Date:

Share post:

Bitcoin price has again registered an uptick in the last 24 hours. In that timeframe, the coin has surged by 3%. This has also helped other major altcoins turn green at press time.

In the past week, BTC has rallied almost 8%. If the bulls keep pushing, then claiming the $21,000 mark would not be a difficult move for the Bitcoin price.

The technical outlook has again turned towards the bulls. Buyers have taken control of the price in the market. Demand has also gone up for the asset.

The chance of a price pullback cannot be ruled out completely. The coin has to barrel past its overhead resistance in order to touch the $21,000 price mark.

Even if the coin revisits the $21,000 level, it is important that BTC trades above that level for a long enough time in order for the bulls to stick around, leading to a wider trend change.

There could be difficult resistance for the Bitcoin price at $20,800. Clearing that level can help the coin move to $21,000.

For Bitcoin to continue its bullish thesis, upon toppling over the $21,000 price level, the price ceiling…

Read more…

Related articles

What is Klayton Blockchain & Why Toon Finance is Better Choice – CryptoMode

The Klaytn network has taken a big hit today, as the price of KLAY tokens has tumbled following...

Peter Schiff Says Bitcoin Still Has a Long Way to Fall — Values BTC at $10K – Markets and Prices Bitcoin News

Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse...

ATP Finals 2022 full schedule, results, TV channel and live stream as Novak Djokovic reaches final, Rafael Nadal bows out in Turin

Novak Djokovic will meet Casper Ruud in the final of the 2022 ATP Finals after being taken to...

Top 3 Hottest NFT Mints for November 2022 Blackfriday Cryptocurrency

What are NFTs and How Do They Work? You may have heard about a new craze sweeping the internet...