Can the price of Bitcoin (BTC) get back to the $116,000 mark by the end of the week?
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U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.On the hourly chart, the rate of BTC is approaching the local support of $114,385. If the daily bar closes near that mark, the decline is likely to continue to the $114,000 range.On the longer time frame, the price of the main crypto has made a false breakout of the resistance of $116,035. From the midterm point of view, traders should focus on the weekly candle's closure in terms of the interim level of $116,000. If its breakout occurs, the accumulated energy might be enough for a further upward move to $120,000.RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion
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