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The Bitcoin price forecast shows that BTC is trading at $21,293, as the coin seems to be preparing for another upward move.
Bitcoin Forecast Statistics Information:
- Bitcoin price now – $21,293
- Bitcoin market value – 407.6 billion dollars
- Bitcoin transfer supply – 19.1 million
- Total supply of Bitcoin – 19.1 million
- Bitcoin Coinmarketcap Rank – #1
BTC/USD Long Term Trend: Level (Daily Chart)
Key steps:
Resistance levels: $25,000, $27,000, $29,000
Support levels: $17,000, $15,000, $13,000
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BTC/USD is trading above the 9-day and 21-day moving averages at $21,293 as the coin prepares to make further highs. If the bulls put more pressure on the market, the first digital coin could extend to the $22,000 resistance level at the time of writing this.
Bitcoin (BTC) crosses above $21,500; Tamadoge (TAMA) more preferred
Bitcoin price is currently trending higher, any further bullish move towards the upper border of the channel could find resistance at $25,000, $27,000 and $29,000. Traders can often use moving averages to gauge the strength of a trend when new trends emerge. However, if BTC/USD rises to the upper boundary of the channel, this could be a sign of sustainability, and possibly a bearish continuation.
In addition, if the price of Bitcoin fails to move up; Traders can see a price drop below the lower limit of the channel, and further lower prices can bring the price to the support levels at $17,000, $15,000 and $13,000. But as you can see, the price of Bitcoin can go higher when the technical indicator Relative Strength Index (14) is going to cross above the 60-level.
BTC/USD Medium Term Trend: Level (4H Chart)
According to the 4-hour chart, the market is following a sideways movement above the 9-day and 21-day moving averages. If not, the grant level may be $20,000 or less.
But suppose the bulls push the market above the channel. In this case, traders can expect a retest of the resistance level of $22,000, breaking this level can cause the price to reach the resistance level of $23,000 and above, because the technical indicator Relative Strength Index (14) remains in the overbought region, which indicates A sign of failure.
Tamadoge is combining the fun of Tamagotchi with game-winning mechanics through NFT technology applied to gaming. Earlier this week, the project completed its sixth phase where the price of the coin was traded from 1 USDT to 44 TAMA. The price has increased, buying 1 USDT 40 TAMA. There will be nine token sales at every level, the price will increase with each level. 711 million tokens have been sold so far out of a total of 1 billion offered in the presale, out of a total supply of 2 billion.
Tamadoge – Meme Play to earn coins
- Get TAMA in battles with Doge’s pets
- Sealed Supply of 2 Billion, Token Burn
- NFT based Metaverse game
- Presale Live Now – tamadoge.io
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