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Bitcoin (BTC) Price Prediction: BTC/USD Is in a Downward Correction, Fluctuates Between $46,000 and $51,000


Bitcoin (BTC) Price Prediction: BTC/USD Is in a Downward Correction, Fluctuates Between $46,000 and $51,000
Bitcoin (BTC) Price Prediction – May 15, 2021
BTC/USD is in a downward correction. BTC price is fluctuating between $47,000 and $51,000 price levels. The uptrend will resume if price breaks above the $51,000 psychological price level and the bullish momentum is sustained. On the other hand, the selling will continue if price breaks below $46,000 support.
Resistance Levels: $65,000, $70,000, $75,000
Support Levels: $50,000, $45,000, $40,000
BTC/USD – Daily Chart
Following the rejection at the $51,000 high, the BTC price has resumed a downward move. If the bearish momentum is sustained, the market will decline to $45,000 low. The bulls will aggressively defend the current support level. Presently, Bitcoin has fallen and it is testing the previous low at $46,644. The market will decline if the previous low at $46,644 is breached. However, the bulls w ....

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