BTC could hit $ 37,000, but one trader says Bitcoin’s price cap will be “a number that cannot be understood”

BTC could hit $ 37,000, but one trader says Bitcoin’s price cap will be

The price of (BTC) retested $ 40,000 on September 26 as the battle for the weekly close raged.

  • Australians’ average crypto portfolio grew 258% in fiscal 20-21, according to a survey

1 hour candlestick chart for the pair (Bitstamp). Source: TradingView Bitcoin price “unlikely” to remain below $ 40,000 Data from Cointelegraph Markets Pro and TradingView showed that the BTC / USD pair fell to $ 40,800 overnight, after a previous unsuccessful attempt by Sellers back to resistance at $ 40,000.

Amid stubborn conditions keeping Bitcoin price action in a tight range, Sunday’s attention turned to where the long-term low could be. Analysts also remained conspicuously bullish on what could come next.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.