LOGIN
REGISTER

Bitcoin Price Prediction as BTC Makes New Yearly High – Where is the Next BTC Target?

The recent surge in the price of Bitcoin, surpassing the $31,000 mark, has ignited a bullish momentum in the cryptocurrency market. This unexpected upward movement has defied expectations, as Bitcoin has not completed the anticipated retracement to the 23.6% Fibonacci level. The positive sentiment surrounding Bitcoin has been further reinforced by the entrance of prominent financial institutions like Charles Schwab, Fidelity Digital Assets, and Citadel Securities into the crypto market.

Currently priced at $30,608, Bitcoin has experienced a nearly 2% increase within the last 24 hours and approximately 15% growth over the past week. With a market capitalization of $594 billion, Bitcoin holds the top position on CoinMarketCap.

From a technical perspective, Bitcoin faces significant resistance around the $30,700 level, which is reinforced by a double-top pattern. Although Bitcoin briefly surpassed this level, reaching a high of around $31,500, a long wick and body candlestick formation indicate investor indecision and the inability to break through the resistance.

Leading technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), suggest overbought conditions. The RSI hovers around 70, and the MACD histogram is significantly above the zero line. These indicators caution investors to consider taking profits before expecting further upward movement in Bitcoin’s price.

In the event of a break below the $30,700 level, Bitcoin is likely to experience a corrective pullback. The psychological support level at $30,000 becomes crucial, and a break below it could potentially lead to a decline towards $28,250. On the other hand, a breakout above the $31,250 level could expose Bitcoin to targets at $32,000 or even $34,150.

Monitoring the $31,000 level becomes crucial for investors. A close below this level may trigger a corrective pullback, while a breakout above it has the potential to sustain the ongoing bullish trend.

In addition to the Bitcoin analysis, the article briefly mentions a curated list of the top 15 cryptocurrencies to watch in 2023, offering readers insights into the latest initial coin offering (ICO) projects and alternative digital assets. This resource aims to help readers navigate the dynamic world of cryptocurrencies and stay ahead of market trends.

Overall, the analysis provides a technical perspective on Bitcoin’s price movement, highlighting resistance levels, indicators, and potential targets. It emphasizes the importance of monitoring key levels and investor caution in an overbought market.

5,080 Responses

  2. Superb website you have here but I was curious
    if you knew of any discussion boards that cover the same topics discussed in this article?
    I’d really like to be a part of online community where I can get responses
    from other experienced people that share the same interest.

    If you have any suggestions, please let me know. Cheers!
    I saw similar here: Najlepszy sklep

  3. Hey! Do you know if they make any plugins to help with
    SEO? I’m trying to get my blog to rank for some targeted
    keywords but I’m not seeing very good results. If
    you know of any please share. Many thanks! You can read similar blog here: Dobry sklep

  5. Howdy! Do you know if they make any plugins
    to help with Search Engine Optimization? I’m trying to
    get my blog to rank for some targeted keywords but I’m not seeing very good gains.
    If you know of any please share. Kudos! You can read similar article here: Ecommerce

  6. Hello! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not
    seeing very good success. If you know of any please share.
    Many thanks! You can read similar blog here: Ecommerce

  7. Hey! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my blog to rank for some targeted keywords
    but I’m not seeing very good gains. If you know of any please share.
    Appreciate it! You can read similar article here: Najlepszy sklep

  8. Hello there! Do you know if they make any plugins to help with Search Engine Optimization?
    I’m trying to get my blog to rank for some targeted keywords
    but I’m not seeing very good gains. If you know of any please share.

    Many thanks! You can read similar blog here: Sklep internetowy

  9. Howdy! Do you know if they make any plugins to help with SEO?
    I’m trying to get my blog to rank for some
    targeted keywords but I’m not seeing very good gains.
    If you know of any please share. Thanks! You can read similar article
    here: Sklep online

  10. Hey there! Do you know if they make any plugins to help with SEO?
    I’m trying to get my site to rank for some targeted keywords but I’m not seeing very good success.

    If you know of any please share. Thanks! I saw similar text here:
    GSA List

  11. Wow, fantastic blog structure! How long have
    you been running a blog for? you make running a blog glance easy.
    The entire glance of your website is excellent, as well as the content!

    You can see similar here sklep internetowy

  15. I was suggested this web site by way of my cousin. I’m
    no longer certain whether or not this put up is written through him as nobody else recognize such particular about my problem.

    You’re incredible! Thank you!

  37. Pingback: The 10 Most Terrifying Things About Prettiest Porn Stars – Lyfe Saver CPR /BLS/First Aid Classes SAME DAY CERTIFICAION American Heart Association

  178. Window Repair Near Me Tools To Make Your Everyday Lifethe Only Window Repair Near Me Trick That Everyone
    Should Learn window repair near me (Ronda)

  226. Guide To Railroad Injuries Attorney: The Intermediate Guide On Railroad Injuries Attorney railroad injuries
    attorney (Lori)

  245. Assessment Mental Health Tools To Ease Your Everyday Lifethe Only Assessment Mental Health Technique
    Every Person Needs To Learn assessment mental health; Declan,

  327. Sleeper Couch Tips To Relax Your Daily Life Sleeper Couch Trick Every Person Should Know
    convertible sleeper sofa – Jim,

  372. 10 Steps To Begin The Business Of Your Dream Double Glazing Windows Near Me Business
    replace double glazed window; Erik,

  452. 10 Untrue Answers To Common Private ADHD Assessment Cost Questions Do You Know The
    Correct Answers? adhd private assessment near me; Alba,

  461. A Journey Back In Time What People Said About Second
    Hand Mobility Scooters For Sale Near Me 20 Years Ago heavy duty mobility scooters for sale near me (Penney)

  486. Upvc Windows Near Me Tools To Improve Your Everyday Lifethe Only Upvc Windows Near Me Trick
    Every Person Should Be Able To upvc windows near me (Velma)

  687. Are Mobility Scooters Allowed On Pavements Tips To Relax Your
    Daily Life Are Mobility Scooters Allowed On Pavements Trick That Everybody Should Be Able To Are Mobility Scooters Allowed On Pavements (Itsroom.Co.Kr)

  700. Is Your Company Responsible For An Upvc Replacement Door Handles Budget?
    12 Best Ways To Spend Your Money upvc door letter boxes –
    Carri,

  793. What’s The Job Market For Uk Women’s Online Shopping Websites Professionals?
    Uk Women’s Online Shopping Websites – https://Www.Jawish.Org/Blog/Exit.Php?Url=AHR0CDovL3VzZXJzLmF0Dy5OdS9JaXR5BGlmZXJwZy9PbmRleC5WaHA/UEhQU0VTU0LEPTM1MWVlNDUyN2Q4NDY0MDA4ZWZlNGY2NzZhMWExNGU2JmFjdGlvbj1Wcm9MaWxlO3U9Mzg5MDI,

  799. Case Battle CSGO Tools To Improve Your Everyday Lifethe
    Only Case Battle CSGO Trick Every Person Should Be Able To csgo

  833. Door Fitter Milton Keynes Techniques To Simplify
    Your Daily LifeThe One Door Fitter Milton Keynes Trick That
    Everybody Should Know garage door repairs milton keynes –
    Williams,

  1083. Pingback: What Is Used Mobility Scooters For Sale Near Me? How To Use It – LuxuriousRentz

  1135. 10 Wrong Answers To Common Uk Online Phone Shopping Sites Questions:
    Do You Know The Right Ones? best online shopping sites in uk for clothes (fwme.Eu)

  1355. Howdy! Do you know if they make any plugins to assist with Search Engine
    Optimization? I’m trying to get my site to rank for some targeted keywords but I’m not seeing very good
    gains. If you know of any please share. Thank
    you! I saw similar text here: Escape rooms list

  1476. 12 Statistics About Fridge Freezer Integrated To Make You Think
    Twice About The Cooler Water Cooler retro fridge freezer for sale – Stefan,

  1502. Hades What Is God Mode Tools To Ease Your Daily Life Hades What Is God Mode Trick That Everyone Should Learn hades
    what is god mode (Oren)

  1514. I’ve been browsing online more than three hours nowadays, yet I by no means discovered any interesting article like yours. It’s pretty value sufficient for me. Personally, if all website owners and bloggers made just right content as you did, the internet will probably be a lot more helpful than ever before!

  1629. Upvc Window Repairs Near Me Tools To Streamline Your Daily Lifethe
    One Upvc Window Repairs Near Me Trick That Every Person Should Be Able To window repairs near me –
    Gay,

  1825. Boat Accident Lawyers Tools To Ease Your Everyday Lifethe Only Boat Accident
    Lawyers Trick Every Person Should Be Able To boat accident lawyers – Celsa
    –

  1913. Hi! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my website to rank for some targeted
    keywords but I’m not seeing very good results. If you know of any please share.
    Thanks! I saw similar blog here

  2024. Italian Quick Food is a 1986 Italian film directed by Ludovico Gasparini, and written by Carlo
    and Enrico Vanzina, Lorenzo Beccati and Ezio Greggio. It
    is best to eat this food in a limited amount, as a lighter stomach
    is an ingredient of “magnificence sleep”. 4. Maintain a wholesome diet and get sufficient
    sleep. Eating chocolates-solely the raw, darkish kind-would get
    you two birds in a single stone. Wealthy in antioxidants, flavonols and bioactive compounds, uncooked darkish chocolates may also help protect your pores and skin from harm caused by solar exposure.

    You’ll collect an in depth knowledge in regards to the
    usefulness of food supplements that are rich with nutrients and assist boosting immunity power
    in addition to nourish the cells. The Mediterranean Sea has a median depth
    of 1,500 m (4,900 ft) and the deepest recorded point is 5,
    109 m (16,762 ft) ±1 m (three ft) within the Calypso Deep in the Ionian Sea.

    Once, a lot of the trade between Western Europe and the East was passing via the region, however after the 1490s the development of
    a sea route to the Indian Ocean allowed the importation of Asian spices and different goods by means
    of the Atlantic ports of western Europe.

  2043. How To Ship To Ireland From Uk Tools To Ease
    Your Everyday Lifethe Only How To Ship To Ireland From Uk Trick That Everybody Should Know
    how to ship to ireland from uk (Shanel)

  2066. Car Accident Lawyers Techniques To Simplify Your Daily Lifethe One Car Accident Lawyers Trick That Every Person Should Be Able
    To car

  2225. Guide To Online Clothes Shopping Near Me: The Intermediate
    Guide The Steps To Online Clothes Shopping Near Me online clothes shopping near me (Carma)

  2332. Three Reasons Why The Reasons For Your Motorcycle Accident Legal Is Broken (And How To Repair It) motorcycle
    accident lawyers (Ramon)

  2358. A Look Inside Private Psychiatrist North East England’s Secrets Of Private Psychiatrist North East England private psychological assessment –
    Kristy –

  2365. Most asbestos victims and their families start the process by contacting an experienced lawyer.
    A qualified lawyer will help the victims prepare a suit
    to collect compensation from defendants who manufactured asbestos lawsuit-containing products.

  2479. An asbestos lawyer can help victims file
    a lawsuit against their employers when they have been exposed to the toxic mineral.
    A lawsuit could help victims obtain compensation for medical expenses or lost wages, as well
    as past suffering and pain.

  2597. Ten Things You Learned In Kindergarden Which Will Aid You In Obtaining Double Glazing
    Repairs North London door replacement services london (Rosario)

  2683. See What Amazon Uk Online Shopping Clothes Tricks The Celebs
    Are Making Use Of amazon uk online shopping clothes (Ned)

  2761. The EPA prohibits the production of, importation, processing,
    and distribution of most asbestos-containing products.
    However, some asbestos-related lawsuits are still on court dockets.

  2835. The majority of asbestos victims, as well as their families, begin the process by retaining
    a skilled lawyer. A reputable lawyer will assist them draft a lawsuit in order to get compensation from the defendants who made Asbestos legal-containing products.

  2864. The December 2020 final TSCA risk evaluation for chrysotile asbestos found unacceptable health
    risks to humans for all ongoing use of Chrysotile
    asbestos. The April 2019 rule prohibits the return of asbestos Legal-containing products to
    the market.

  2909. Buying Online From Uk To Ireland Techniques To Simplify Your Daily
    Lifethe One Buying Online From Uk To Ireland Trick That Everyone Should
    Be Able To buying online from uk to ireland (Kathy)

  2957. Replacement Upvc Door Handles Tools To Ease Your Everyday LifeThe Only Replacement Upvc Door Handles Trick
    Every Person Should Be Able To upvc door handle [Lupe]

  2985. Lawyers typically prefer settlements since they are less risky, and clients can access compensation much quicker.

    Settlement negotiations also include treatment costs and the right to recover for wrongful death.

    My web blog – Asbestos Case

  3011. Double Glazing Repairs Near Me Tools To Help You Manage Your Everyday Lifethe Only Double Glazing Repairs
    Near Me Trick That Every Person Must Learn double glazing repairs near me
    (Levi)

  3124. 5 Laws That Anyone Working In Glass Window Repair Should Be Aware Of double
    glazed window repairs near me [Lee]

  3188. The Best Over The Counter ADHD Medication The Gurus Are Using Three Things can a general practitioner prescribe adhd medication (Billie)

  3192. Hi there, i read your blog from time to time and i own a similar
    one and i was just curious if you get a lot of spam comments?
    If so how do you protect against it, any plugin or anything you can recommend?
    I get so much lately it’s driving me insane
    so any assistance is very much appreciated.

  3249. Top 10 Online Shopping Sites In Uk For Clothes Tools To Make Your Daily Lifethe One Top 10
    Online Shopping Sites In Uk For Clothes Trick Every
    Individual Should Be Able To top 10 online shopping sites
    in uk for clothes (https://drapia.org/11-wiki/index.php/how_cheapest_online_grocery_shopping_uk_Has_changed_the_history_of_cheapest_online_grocery_shopping_uk)

  3286. After a long struggle in the Asbestos law legal arena, asbestos legal measures resulted in the 1989 partial ban on the
    manufacturing processing, distribution, and sale of the majority of
    asbestos-containing products. This ban is still in place.

  3362. Asbestos victims seek compensation from companies responsible for Asbestos Claim exposure.
    This is accomplished through personal injury claims
    and wrongful death claims. An experienced attorney
    can assist victims and their families through the process.

  3382. Responsible For An Non Stimulant ADHD Medication Uk Budget?
    10 Unfortunate Ways To Spend Your Money best
    medication for adhd and anxiety (Indira)

  3402. What Is Veterans Disability Claim And How To Use
    What Is Veterans Disability Claim And How To Use veterans disability attorneys (Shelia)

  3576. Asbestos is a mineral that occurs naturally which was once extensively used in construction projects and manufacturing industries.
    The exposure to asbestos Claim was frequently associated
    with serious, and sometimes life-threatening illnesses.

  3593. Guide To Double Glazed Window Near Me: The Intermediate Guide For Double Glazed
    Window Near Me double glazed window near me, Hye,

  3619. 10 Things You Learned In Kindergarden That’ll
    Help You With Replace Upvc Window Handle upvc windows repairs near me, Dane,

  3673. Double Glazing Installers Near Me Tools To Ease Your Daily Life Double Glazing
    Installers Near Me Trick That Everyone Should Be Able To Timber

  3712. Treatment For Anxiety Attacks: Myths And Facts Behind Treatment For Anxiety Attacks natural
    ways to treat anxiety disorder – Lelia –

  3716. Guide To Double Glazed Units Near Me: The Intermediate Guide To Double Glazed Units Near Me double glazed units near me – Lucia,

  3755. Do You Think You’re Suited For Doing Double Glazing Near Me?
    Take This Quiz double glazed window locks (Ida)

  3797. Double Glazing Repairs Near Me Tools To Ease Your Daily Lifethe One
    Double Glazing Repairs Near Me Trick Every Individual Should Learn double glazing repairs near me (Nicki)

  4103. Are You Responsible For The Upvc Windows Repair Budget?
    10 Unfortunate Ways To Spend Your Money repair upvc window (Rae)

  4320. I’d like to thank you for the efforts you’ve put in writing this blog. I really hope to check out the same high-grade blog posts from you later on as well. In fact, your creative writing abilities has inspired me to get my own, personal website now 😉

  4325. Are You Responsible For A Double Glazed Window Suppliers Near Me
    Budget? 12 Top Ways To Spend Your Money double glazed windows near
    me (Efren)

  4343. After I originally left a comment I appear to have clicked on the -Notify me when new comments are added- checkbox and from now on every time a comment is added I recieve 4 emails with the same comment. There has to be a way you are able to remove me from that service? Appreciate it.

  4405. Howdy, I believe your web site may be having browser compatibility problems. When I look at your website in Safari, it looks fine however, when opening in I.E., it has some overlapping issues. I just wanted to give you a quick heads up! Other than that, great site.

  4445. Repair Misted Double Glazing Near Me Tools To Make Your Daily Lifethe One Repair
    Misted Double Glazing Near Me Trick Every Individual Should Be Able To near me

  4457. 15 Of The Best Pinterest Boards Of All Time About Blown Double Glazing
    Repairs Near Me replacement double glazed glass only prices (Berry)

  4478. Pleural mesothelioma can affect the lungs and chest wall. Patients diagnosed with this form of mesothelioma generally
    suffer from symptoms like chest pain, breathing difficulties and coughing.

    Here is my site :: asbestos legal

  4534. I have to thank you for the efforts you have put in penning this blog. I’m hoping to view the same high-grade content from you later on as well. In truth, your creative writing abilities has encouraged me to get my very own blog now 😉

  4544. Nine Things That Your Parent Teach You About Upvc Front Doors Supplied And Fitted Near Me upvc
    front doors supplied and fitted near me – Minnie,

  4574. Slot Demo Zeus Vs Hades Anti Lag Tools To Help You Manage
    Your Daily Life Slot Demo Zeus Vs Hades Anti Lag
    Trick That Every Person Must Be Able To slot demo zeus vs hades anti lag;
    m1bar.com,

  4709. Check Out: How Workers Compensation Attorney Is Taking Over And What To Do About
    It workers’ compensation attorney (Ada)

  4711. Aw, this was a very nice post. Finding the time and actual effort to generate a really good article… but what can I say… I put things off a whole lot and don’t seem to get anything done.

  4754. Greetings, I do believe your website might be having web browser compatibility issues. When I take a look at your website in Safari, it looks fine however when opening in I.E., it’s got some overlapping issues. I merely wanted to give you a quick heads up! Apart from that, wonderful site.

  4830. Having read this I thought it was rather enlightening. I appreciate you finding the time and energy to put this content together. I once again find myself personally spending way too much time both reading and commenting. But so what, it was still worthwhile!

  4871. Patio Door Lock Repair Near Me Tools To Ease Your Daily Life Patio Door
    Lock Repair Near Me Trick That Every Person Should Know patio door lock repair near
    me – Howard,

  4879. I’m impressed, I must say. Seldom do I come across a blog that’s both educative and entertaining, and without a doubt, you have hit the nail on the head. The issue is something not enough folks are speaking intelligently about. I am very happy that I came across this during my search for something relating to this.

  4901. Mesothelioma lawyers assist victims and their family members throughout the
    legal process. They create cases, file lawsuits and asbestos settlement (Carson) trust claims.
    They also negotiate settlements, and fight to get a fair trial.

  4911. A fascinating discussion is definitely worth comment. I believe that you need to write more about this subject, it may not be a taboo matter but usually people don’t discuss such subjects. To the next! Many thanks!

  4931. The next time I read a blog, I hope that it does not disappoint me as much as this particular one. I mean, I know it was my choice to read, but I genuinely thought you would probably have something useful to talk about. All I hear is a bunch of crying about something that you could possibly fix if you weren’t too busy searching for attention.

  4988. An experienced mesothelioma law firm will determine the most
    effective type of asbestos claim to file.
    Many victims were exposed asbestos in a variety of states,
    and therefore national firms have the flexibility to file
    lawsuits where necessary.

  5032. Oh my goodness! Impressive article dude! Thank you so much, However I am having troubles with your RSS. I don’t understand why I cannot join it. Is there anybody having identical RSS issues? Anybody who knows the solution will you kindly respond? Thanks!

  5063. I must thank you for the efforts you have put in writing this website. I really hope to check out the same high-grade blog posts by you later on as well. In fact, your creative writing abilities has inspired me to get my own blog now 😉

  5066. Excellent blog you’ve got here.. It’s difficult to find high quality writing like yours these days. I honestly appreciate people like you! Take care!!

  5068. Computer simulations help decide how briskly a dinosaur may move and the way it used its limbs.
    The proportions of the leg bones relate to how fast the dinosaur could run. Bumps called
    quill barbs on the bones imply the dinosaur had feathers.

  5073. I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

Leave a Reply

Your email address will not be published. Required fields are marked *

Fast, Secure, and Regulated Crypto Currency Exchange

Keep In Touch

Facebook-f Instagram Linkedin Telegram