Nyocha ọnụahịa Bitcoin - Bitcoin na-amalite oge dị elu karịa $ 6k na-eso 20% Na-ehi ụra n'abalị

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• BTC bears lost control to the bulls as they now charge towards $7000 level
• After recovering from $4000 (Bitfinex), Bitcoin has established new support around $6000

Following a 20% increase under 24-hours, Bitcoin finally broke through a key level of $6000, followed by $6500, which the price just surpassed a few minutes ago. At the moment, Bitcoin is trading around 6550 against the US Dollar. Meanwhile, BTC volume is increasing again. If Bitcoin manages to close well above the $6500 today, we can expect more gains to come in the next few days.

Igodo nguzogide isi: $ 7000, $ 8000
Igodo nkwado nkwado: $ 6500, $ 6000

Bitcoin (BTC) Nyocha ọnụahịa: Chart kwa ụbọchị - Bullish

After leaving the $6000 (now support) level yesterday, Bitcoin continued to show strength towards the $7000, which is another important level for the bulls to validate more gains. As we can see from the daily chart, the last two price bars show a huge buying volume in the market.

BTCUSD, Chart nke Ubọchị - Machị 20

If we continue to see this positive action for the next few days, Bitcoin is likely to reclaim the $8000 resistance, from where price sold off on March 12. For a pullback, there’s strong support at $6000 in case the $6500 fails to hold as support. Looking at the current price actions, buyers have stepped back into the market.

Bitcoin (BTC) Nyocha ọnụahịa: Chart 4H - Bullish

We can see the whole scenario here on the lower time frame. After breaking out from the yellow regression trend line, Bitcoin made a nice increase above the tough level of $6000. This breakout has now brought the bulls back in control. If the price continues to increase, the next key level to watch is $7000.

BTCUSD, 4h Chart – March 20

Above this level lies the $7500. If Bitcoin pushes further, buying pressure would reach the $8000 resistance, which is marked blue on the price chart. If the buyers fail to mount pressure, Bitcoin may pull back a bit to recent break level $6500. A drop below it may bring us back to $6000 support, where the white horizontal line lies. The bulls may find it difficult to regroup back if the support breaks.

BU IWU BITCOIN

Zụta: $ 6525
TP: $ 6800 / $ 7000
SL: $ 6412

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Michael Fasogbon

Michael Fasogbon bụ ọkachamara na-azụ ahịa Forex na onye nyocha nyocha cryptocurrency na ihe karịrị afọ ise nke ahụmịhe ahịa. Afọ ole na ole gara aga, ọ bịara nwee mmasị na teknụzụ blockchain na cryptocurrency site na nwanne ya nwanyị ma kemgbe ọ na-agbaso usoro ahịa.

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