Category: Crypto News, News

Bitcoin (BTC) Price Prediction for May 22 — TradingView News

The market seems unlikely to fall, according to CoinStats.CoinStats”>

BTCUSD

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.

Source link

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Leave A Comment