Category: Crypto News, News
Bitcoin (BTC) Price Prediction for May 22 — TradingView News
The market seems unlikely to fall, according to CoinStats.CoinStats”>
The rate of Bitcoin BTCUSD has set a new all-time high today, rising by 3.09%.TradingView”>
On the hourly chart, the price of BTC has set a local resistance of $111,888. As most of the daily ATR has been passed, traders have all the chances to witness sharp moves by the end of the day.TradingView”>
On the bigger time frame, the rate of the leading crypto is going up after breaking the previous all-time high level of $109,356.
Until the price is above that mark, one can expect further growth to new peaks.TradingView”>
A similar picture can be seen on the weekly chart. If the candle closes near the bar’s peak and with no long wick, one can expect a test of the $115,000 mark soon.
Bitcoin is trading at $110,909 at press time.
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