BTC Price Prediction: Today’s Bitcoin Price, 20th April 2023
Discover the latest Bitcoin (BTC) price prediction and the converted BTC to USD price right here. At present, Bitcoin is trading at $27,679 with a 24-hour trading volume of $13.5 billion. The price of Bitcoin has observed a 2.79% drop over the last 24 hours.
BTC Price Prediction
the BTC/USD pair is maintaining a narrow trading range of $27,600 to $28,900, and it is trading in a neutral range. Investors are eagerly waiting for a robust fundamental catalyst to break out of this range. If the BTC price breaks out above $28,250, it could attain the next immediate resistance level at $28,900. On the other hand, BTC’s immediate support is situated at the $27,600 level.
Today’s Bitcoin Price
Essential technical indicators, such as the RSI and MACD, have dropped below their midpoints (50 and 0, respectively), indicating a tendency towards investor selling. Hence, the future price movement will be influenced by the breakout from the $27,600 to $28,900 trading range. Investors are keeping a watchful eye on this key price range to seize the right moment for buying or selling.