Bulls are coming back to the game today, according to CoinStats.
BTC/USD
The price of Bitcoin (BTC) has gone up by 0.14% since yesterday.
On the hourly chart, the rate of BTC keeps looking bullish as it is near the local resistance of $113,229. If its breakout happens, the upward move is likely to continue to the $114,000 mark.
On the longer time frame, the price of the chief crypto has made a false breakout of yesterday’s bar’s low.
You Might Also Like
If the daily bar closes far from that level, bulls may come back to the game, which may lead to the test of the $114,000-$116,000 zone soon.
A less bullish picture can be seen on the weekly chart. If the weekly candle closes around the current prices or below, there is a high chance of seeing a test of the $108,000 range by the end of the month
Bitcoin is trading at $112,934 at press time.
Source: https://u.today/bitcoin-btc-price-prediction-for-september-23