|

Bitcoin price prediction: BTC/USD faces no visible resistance in potential return to $13,000 - Confluence Detector

  • BTC/USD has shot up from $12,300 to $12,650 in the early hours of Tuesday.
  • Five healthy levels support the BTC/USD price.

BTC/USD has enjoyed three bullish days in a prior before today, wherein the price has gone up from $11,000 to $12,300. The bulls have continued their offense this Tuesday, taking the price further up to $12,650. The daily confluence detector shows a lack of any resistance levels until $13,000, while five healthy levels support the price.

BTC/USD daily confluence detector

The support levels are at $12,150, $12,200, $12,275, $12,350 and $12,400. The $12,150 level has the 4-hour previous low and daily 23.6% Fibonacci retracement level. The $12,200 level is reinforced by the previous week high. The $12,275 level has the hourly previous low and 1-week pivot point resistance 1. $12,350 has the monthly 23.6% Fibonacci retracement level. Finally, the $12,400 level has the 4-hour previous high and 1-day previous high.
 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

More from Rajarshi Mitra
Share:

Editor's Picks

Bitcoin steadies as traders eye US–Iran talks

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Thursday after a 6.2% relief rally the previous day amid a broader downward trend.

Ripple holds modest gains as open interest hits one-year low

Ripple (XRP) rises alongside major crypto assets to trade above $1.43 at the time of writing on Thursday. The slow but steady recovery comes after the remittance token declined to a weekly low of $1.31 on Tuesday, as investors navigated key changes in the United States (US) tariff policy.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe struggle to extend gains

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), have remained stable so far on Thursday after rising around 5%-10%-5% respectively on Wednesday, suggesting a lack of sustained bullish momentum.

Solana strikes key resistance with double-digit gains

Solana (SOL) trades at $88 at press time on Thursday, after an 11% upswing the previous day within a broader consolidation range of roughly three weeks. Institutional demand for Solana heightens as US spot SOL Exchange Traded Funds (ETFs) record $30 million of inflow on Wednesday.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.