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Bitcoin (BTC) Price Prediction for September 8
The post Bitcoin (BTC) Price Prediction for September 8 appeared on BitcoinEthereumNews.com. The crypto market is in the green zone again, according to CoinStats. Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has increased by 1.35% since yesterday. Image by TradingView On the hourly chart, the rate of BTC has made a false breakout of the local resistance of $112,775. You Might Also Like However, if the daily bar closes around that mark or above it, the upward move may continue to the $113,000 range by tomorrow. Image by TradingView On the longer time frame, the price of the main crypto is on its way to the resistance of $113,473. If bulls’ pressure continues, there is a chance to witness a test of the $113,000-$116,000 area soon. Image by TradingView From the midterm point of view, the rate of BTC is rising after a false breakout of the $107,389 level. However, buyers might need more time to accumulate energy for a further move. In this case, sideways trading in the area of $111,000-$115,000 is the most likely scenario. Bitcoin is trading at $112,831 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-september-8
The post Bitcoin (BTC) Price Prediction for September 8 appeared on BitcoinEthereumNews.com.
The crypto market is in the green zone again, according to CoinStats. Top coins by CoinStats BTC/USD The price of Bitcoin (BTC) has increased by 1.35% since yesterday. Image by TradingView On the hourly chart, the rate of BTC has made a false breakout of the local resistance of $112,775. You Might Also Like However, if the daily bar closes around that mark or above it, the upward move may continue to the $113,000 range by tomorrow. Image by TradingView On the longer time frame, the price of the main crypto is on its way to the resistance of $113,473. If bulls’ pressure continues, there is a chance to witness a test of the $113,000-$116,000 area soon. Image by TradingView From the midterm point of view, the rate of BTC is rising after a false breakout of the $107,389 level. However, buyers might need more time to accumulate energy for a further move. In this case, sideways trading in the area of $111,000-$115,000 is the most likely scenario. Bitcoin is trading at $112,831 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-september-8
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