The last day of the week looks likely to be bullish in the cryptocurrency market as most of the cryptocurrencies are heading higher.
Crypto Price Predictions
Although most coins are still in the green zone of value, Bitcoin (BTC), has fallen by 1.44% in the past week.
Bitcoin (BTC), despite the low volume, is trading close to the $19,969.72 /local resistance level. There is a possibility of a breakout if buyers are able to hold the initiative through the night.
But, it is important to pay attention also to the CME gap of around $19,832.09
BTC Price Predictions
Bitcoin (BTC), which trades on a daily basis, has falsely broken yesterday’s $19,698.36 / low. If the decline ends, a slight uptrend to the critical zone of $20,000 can be anticipated.
The situation looks worse on the larger chart as Bitcoin (BTC), which is currently trading at below $20,000. The zone around $18,676 is where buyers will be able to retake the initiative if the candle closes below the $19,728 support level.