The price of Bitcoin is currently on an upward trend since last Thursday. BTC reached its highest point in two weeks at $43,990 before undergoing a correction. At the time of writing, BTC is trading at $43,374.
Looking ahead, BTC faces a resistance level in the range of $43,870 to $45,562, which could lead to a further price drop.
In the event of a decrease, the price of Bitcoin may sharply decline to a psychological support level at $40,000. If this level is broken, the next support zone will be between $38,535 and $38,574.
Looking ahead, BTC faces a resistance level in the range of $43,870 to $45,562, which could lead to a further price drop.
In the event of a decrease, the price of Bitcoin may sharply decline to a psychological support level at $40,000. If this level is broken, the next support zone will be between $38,535 and $38,574.
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