Category: Crypto News, News
Bitcoin (BTC) Price Prediction for March 19 — TradingView News
Sellers are weaker than buyers today, according to CoinMarketCap. CoinMarketCap”>
The rate of Bitcoin 
BTCUSD has risen by 3.72% over the last day.TradingView”>
On the hourly chart, the price of BTC has made a false breakout of the recently formed resistance of $84,325. However, if buyers’ pressure continues, one can expect a blast to the $85,000 area.TradingView”>
On the bigger time frame, none of the sides has seized the initiative yet. This is also confirmed by the low volume.
Bulls may start thinking about a midterm rise only if they restore the rate above the nearest resistance of $85,270. TradingView”>
From the midterm point of view, one should focus on the weekly bar’s closure in terms of the previous candle’s closure. If it happens around $85,000 or above, there is a chance to see an ongoing upward move to the $88,000-$90,000 area.
Bitcoin is trading at $84,089 at press time.
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