Category: Crypto News, News
Bitcoin (BTC) Price Prediction for May 20 — TradingView News
Buyers are more powerful than sellers today, however, there are some exceptions to the rule, according to CoinStats.CoinStats”>
The price of Bitcoin 
BTCUSD has risen by 0.37% since yesterday.TradingView”>
On the hourly chart, the rate of BTC is near the local support of $104,232. If the bounce back does not happen until tomorrow, traders can expect a test of the $104,000 range shortly.TradingView”>
On the daily time frame, the price of the main crypto has once again bounced off the resistance of $106,635. If the candle closes near its low, there is a chance to see an ongoing downward move to the $103,000-$104,000 area.TradingView”>
From the midterm point of view, none of the sides is dominating as the rate is far from the key levels.
In addition, the volume is going down, which means traders are unlikely to witness sharp moves soon.
Bitcoin is trading at $104,696 at press time.
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