Bitcoin

<ul><li>Bitcoin experienced a drop to the levels of $29,100 today.</li><li>Bitcoin couldn’t break the critical resistance range of $29,800.</li><li>If Bitcoin closes the daily candle above the level of $30,500, where is its target?</li></ul><p><strong>Will Bitcoin continue to rise? Where are the important support and resistance levels of Bitcoin? Current Bitcoin analysis!</strong></p><h2 id="header-0">Medium-Term Bitcoin Price Analysis!</h2><h2 id="header-1"><img src="https://academy-public.coinmarketcap.com/optimized-uploads/59d38ce4d9354c1e8e37c982c12274ce.png" /></h2><p>4 Hour Bitcoin Price Chart Source: TradingView</p><p>When we examine the 4-hour price chart of Bitcoin, we see that it faced selling pressure from the important resistance range of $30,100 – $29,800.</p><p>If the Bitcoin price closes the 4-hour candle above the level of $30,100, it can realize a rise to the levels of $31K.</p><p>If the Bitcoin price cannot rise above the mentioned resistance range, it can realize a drop to the levels of $26,600.</p>

Bitcoin Price Forecast: Is it Ready for a Rise?

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