Bitcoin price prepare for a bullish week, BTC targets $45,000 first

  • Bitcoin price presented a buy signal on the weekly chart.
  • The bullish formation came on top of the 50-week moving average. 
  • A spike in buying pressure could see BTC rise to $45,000.

Bitcoin price seems primed for a bullish impulse that could see it rise by more than 10%

Bitcoin price looks ready to bounce

In the following video, FXStreet's analysts evaluate where Bitcoin price could be heading next as BTC gets ready to rebound.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.