BTC Price Prediction: Today’s Bitcoin Price, 28th Feb 2023
The world’s traders and buyers are still very interested in the two biggest cryptocurrencies by market capitalization: Bitcoin and Ethereum. As the Asian trading period goes on, the cryptocurrency market is remaining largely stable, with BTC hovering just above the $23,000 barrier and ETH surging past $1,600.
bitcoin price prediction daily
The major cryptocurrencies, like Bitcoin and Ethereum, are trading within small price bands despite the lack of volatility as market players get ready for a busy coming week.
BTC Price Prediction
With a price of $23,400 and a $17 billion 24-hour trading volume, bitcoin is presently in demand. In the previous day, the value of the virtual money rose by 1.08%. On CoinMarketCap, Bitcoin is currently the most valuable cryptocurrency with a live market value of $451 billion. There are currently 19,303,075 Bitcoin coins in circulation, with a total quantity limit of 21,000,000 bitcoins.
Today’s Bitcoin Price
The immediate support level for Bitcoin is $22,800, and the present resistance level is $23,500. In the event that the price of Bitcoin falls below this level, the next support level is at $22,150, which could be achieved. The BTC/USD pair has, however, entered an oversold zone, so there is a possibility of a recovery that could push the price up to $24,250 by breaking through the resistance level at $23,500.
btc price prediction: tomorrow
$22,800 serves as a crucial support mark for the BTC/USD pair. If the pair breaks through this level, the next support area at $22,150 might be revealed for BTC’s price.