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Bitcoin Price Analysis — September 11
Following an aggressive 16% rally over the past four days, Bitcoin stands on the brink of scaling the long-resistant 21.7K pivot top on Sunday.
The benchmark cryptocurrency graciously picked itself after suffering a sharp plunge to the 18.5K axis, posting a parabolic rally since September 7. With the excitement over the upcoming Ethereum Merge upgrade fueling bullish sentiment in the market, BTC stands the chance of rebounding near the highly-elusive
25K mark.
Meanwhile, my resistance levels are at $21,700, $22,000, and $23,000, and my key support levels are at $21,000, $20,500, and $20,000.
Total Market Capitalization: $1.06 trillion
Bitcoin Market Capitalization: $415.2 billion
Bitcoin Dominance: 39%
Market Rank: #1
The benchmark cryptocurrency graciously picked itself after suffering a sharp plunge to the 18.5K axis, posting a parabolic rally since September 7. With the excitement over the upcoming Ethereum Merge upgrade fueling bullish sentiment in the market, BTC stands the chance of rebounding near the highly-elusive
25K mark. Meanwhile, my resistance levels are at $21,700, $22,000, and $23,000, and my key support levels are at $21,000, $20,500, and $20,000.
Total Market Capitalization: $1.06 trillion
Bitcoin Market Capitalization: $415.2 billion
Bitcoin Dominance: 39%
Market Rank: #1
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