Bitcoin (BTC) Price Analysis for April 18

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Bitcoin (BTC) Price Analysis for April 18
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Can the price of BTC fix above the $30,000 mark by the end of the week? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser

The rate of Bitcoin has broken the local resistance level at $29,932 and started a sharp rise. At the moment, there are no prerequisites for a fall as the rate is again back above the vital zone of $30,000. In this case, a further rise to $31,000 is the most likely scenario.

Today's sharp growth is about to absorb the recent correction of Bitcoin . If the bar closes near the resistance at $30,614, the breakout may lead to growth to the $31,000 mark. On the weekly chart, the price has bounced off the mirror level at $29,290. It is too early to make any projections as many days remain until the candle's closure.

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