- BTC Price ranges between $12900 to $13000
- BTC is making steady efforts to stay above $13000
- Over a 4-hour time span, Bitcoin sees a plunge near $12855, followed by an upward correction as well
Bitcoin had bullishly hit the price point above $12000 yesterday, and since then the coin has maintained an uptrend. Today, BTC has even traded above $13000, though, it seeks stability there, as the price is currently moving majorly between $12900 to $13000.
As given in its 4-hourly chart, the coin witnesses a notable price plunge, and after which it struggles to remain above $13000.
Bitcoin Current Statistics:
At 09:44:46 UTC, BTC is trading with its price at $13010.98, while having Market Capitalization of $231,209,755,384. The leading crypto coin holds 17,809,625 BTC as part of its Circulating Supply. Bitcoin currently fetches RoI (Return On Investment) of > 9000%.
BTC 4-Hour Price Chart
At 5:45 UTC, Bitcoin was trading above $13000, after which it saw a bit of price turbulence where it has traced a bearish trendline. The coin then takes a sharp fall near $12,853 and then corrects up. The coin gradually surges above $13000 breaking resistance near $12929. Though the coin is not steadily trading above 13000 and keeps swaying between the said range.
Bitcoin is soaring high with a bullish momentum as the coin is in strong BUY phase at present. Its current price is 13.32% higher than its 20-days SMA of $11481.42. However, read Bitcoin projections, so that you will get to know about the further changes that happen in the future price of the coin before it actually occurs.
The MACD of the coin appears moderately volatile while it shows a bearish crossover as its MACD line is below the Signal line. The RSI for BTC is near 50 showing stability. Bitcoin’s Major resistance price can be at $13,074.6, While it may see support price at $12,278.34.