Bitcoin Price Prediction as BTC Spikes Up 6% – Time to Buy?

Crypto News
Crypto News

18 Sep 2023 7:00 PM

Bitcoin seems to be on an upward trend in the ever-fluctuating world of cryptocurrencies. Currently, Bitcoin is priced at $27,189......

  • Bitcoin's price has risen nearly 3% in the last 24 hours and over 6% in the last seven days.
  • The trading volume for Bitcoin has reached $10.4 billion.
  • Bitcoin holds the #1 spot on CoinMarketCap with a market cap of $529 billion.
  • Bitcoin's circulating supply is 19,489,231 BTC coins, nearing its max supply cap of 21,000,000 BTC.
  • Bitcoin has breached the resistance level of $26,800 and shows a potential continuation of the bullish trend.
  • The immediate resistance for Bitcoin is around $27,500, with potential targets near $27,900 and $28,800.
  • The key support level for Bitcoin is around $26,800, with potential supports at $26,300 and $26,000.
  • Monitoring the level of $26,800 is crucial for determining the bullish or bearish continuation of Bitcoin.

The article presents a positive sentiment towards Bitcoin, highlighting its price rise, trading volume, and potential bullish trend continuation.

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