138: Bitcoin Price Analysis | BTC Halving Predictions | Why May Not Skyrocket Immediately After

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - February 24, 2020 14:27 - 16 minutes - 8.12 MB - ★★★★ - 537 ratings
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Previous Episode: 137: BITCOIN JUST SURGED TO $9.9K, IS $11K BTC NEXT? | $10 Trillion Crypto Market Cap By 2023?

Next Episode: 139: Tron CEO: Bitcoin to Break $100K in 2025 and Pull Up Other Coins | BTC WILL NOT STOP AT $100K!

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Compared to the Bitcoin price analysis of the previous two weeks, this weekend has been relatively relaxed for Cryptocurrency traders. On Saturday the BTC price came within $10 of $10,000 before pulling back to $9,794.

Despite the inability to hold above $9,900, the shorter timeframe also shows Bitcoin (BTC) price painting higher lows since the drop on Feb. 19 to $9,352 and the price is also holding well above the 20-MA of the Bollinger Bands indicator. A high volume surge could easily push the price to the upper Bollinger band arm at $10,126 but Bitcoin would still have some challenges ahead.