Posts

Showing posts from March, 2023

This Week Bitcoin Price Analysis [20/03/2023-25/03/2023]

Image
On 4 hour chart Bitcoin have some support level seen at $24,999. On Daily chart Bitcoin resistance seen at $29,200. If current level break then Bitcoin will touch $29,200  Over the past week, Bitcoin has experienced some volatility, with its price fluctuating between $19,000 and $26,000. One possible factor contributing to this volatility is the recent rise in US treasury yields, which may have caused investors to shift their funds from riskier assets such as cryptocurrencies to safer assets like bonds. Additionally, there has been some concern over increased regulation of cryptocurrencies, particularly in USA, Japan and other european nation However, it's important to note that cryptocurrency prices can be highly unpredictable and affected by many factors, both internal and external. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions