منو سایت

  • خانه
  • Bitcoin
  • Bitcoin Price Analysis: Bitcoin returns to $ 44,000 resistance, will it continue to rise?

Bitcoin Price Analysis: Bitcoin returns to $ 44,000 resistance, will it continue to rise?

 تاریخ انتشار :
/
  Bitcoin

TL; Fault DR

  • Bitcoin price analysis is bullish for today.
  • BTC / USD witnessed a strong uptrend overnight.
    BTC returned to $ 44,000 previous support.

Bitcoin price analysis is bullish today as cows have hit the market in the last 24 hours, while the previous support of the previous $ 44,000 has already been tested as a resistance. Therefore, we expect BTC / USD to continue to this day and make even more losses.

Bitcoin Price Analysis: Bitcoin returns to $ 44,000 resistance, will it continue to rise?  1
Encrypted currency heat map Source: Coin360

The overall market traded green in the last 24 hours, with the market-leading Bitcoin growing 4.34%. Atrium is next with 7.09%, while the rest of the top altcoins perform even better.

Bitcoin price movement in the last 24 hours: Bitcoin price increase reached $ 44,000 in the previous main support

BTC / USD traded in the range of $ 42,326.97 – $ 44,316.50, which shows a slight fluctuation in the last 24 hours. Total trading volume decreased by 10.37% and the total is $ 38.4 billion, while the total market value is traded at about $ 830.9 billion, resulting in 41.9% market dominance.

4-hour chart BTC / USD: Does BTC seem to cross the $ 44,000 resistance?

In the 4-hour chart, we can see the price of Bitcoin testing $ 44,000 resistance, as cows seek to increase the market today.

Bitcoin Price Analysis: Bitcoin returns to $ 44,000 resistance, will it continue to rise?
4-hour chart BTC / USD. Source: TradingView

Bitcoin prices have been trading strongly in recent weeks. After reaching $ 53,000 on September 7, the initial drop was more than 15%.

Support was found several times at $ 44,000 and re-tested, with a sudden increase last week, the new major swing at its lowest level reached $ 48,500. What happened next was a sharp drop again on Monday.

The price of Bitcoin showed an initial reaction just below $ 41,000, and was tested again early yesterday. From there, the cows returned and raised the price of Bitcoin to $ 44,000 previously significant support.

Bitcoin Price Analysis: Conclusions

Bitcoin price analysis is bullish for today because a strong bullish move was observed in the last 24 hours. Therefore, we expect BTC / USD to cross the nearest current resistance of $ 44,000 and continue to move higher.

While you wait for more bitcoin to move, read our guide to decentralized exchanges, NFT Crypto as well as bitcoin.

Disclaimer. The information provided is not a commercial recommendation. Ramzifa.ir is not responsible for the investments made based on the information provided on this page. We strongly recommend independent research and / or consultation with a qualified professional before making an investment decision.