Bitcoin Price Evolution Analysis 25.12.2020
by CSM TRADER
nº261
BTC price U $ 23,974.
BTC price on Braziliex R $ 124,999.
Price USD / BRL R $ 5.21.
Price EUR / BRL R $ 6.35.
Gold Price 1g R $ 312.14.
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Bitcoin price follows an upward trend above the price range of $ 23,700 and $ 23,800.
The price of Bitcoin is constantly evolving to some past sessions, where it was in great consolidation between the price areas of $ 23,160 and $ 23,420.
The Bitcoin price managed to break the price range of $ 23,550 and $ 23,620 and had its positive evolution above the price area of $ 23,740 and still managed to break the great resistance in the price area of $ 23,800.
Now at the time of writing the price of Bitcoin remains in the price range of $ 23,960, where it has already done a test in the price area of $ 24,032.
It will be necessary for the Bitcoin price to continue its positive evolution, staying above the price range of U $ 23,550 and U $ 23,700, for consolidations to happen and with that the Bitcoin price will gain strength and go above U $ 24,000 and U $ 24,220.
In the case mentioned above, the Bitcoin price has great chances of evolving above the price range of $ 24,440 for the next sessions and thereby making another new historic top.
A good close of the daily was made above the price range of U $ 23,700.
For today, a daily close above the $ 23,800 price range will be a good one. Ideally, a close above the $ 24,000 price range for further consolidations above this price range.
Buyers remain in full control of the situation with the Bitcoin price above the price range of $ 23,660.
Buyers continue with great developments above the price range of U $ 23,660 and U $ 23,700 and will still be able to gain further evolution above the price areas of U $ 24,220 and U $ 24,340 for the next sessions.
It will be necessary for buyers to continue with consolidations and developments above the price areas of U $ 23,720 and U $ 23,660 or above EMA 20 (H1).
On the other hand, if buyers lose the $ 23,700 price range, the possibilities for sellers to become stronger in control of the situation may occur and the disadvantages may extend below the price areas of $ 23,660 and $ 23,550.
A good close of the diary was made by buyers above the $ 23,700 price range.
For today, a good close would be above the price range of U $ 23,860. Ideally, it would be above the $ 24,000 price range.
It follows buyers in an attempt to evolve above the $ 24,040 price range.
Bitcoin TODAY on Braziliex: H1
Bitcoin price on Braziliex continues with another new historic top in Brazil in the price range of R $ 126,000.
Now at the time of writing, the Bitcoin price on Braziliex is at its newest historical top in Brazil in the price range of R $ 126,000.
The Bitcoin price on Braziliex is showing excellent developments above the price range of R $ 122,000 and with that positive developments appeared above R $ 124,400.
Now it will be necessary for the Bitcoin price on Braziliex to remain above the price range of R $ 122,000 and R $ 123,200 for the consolidation continuities and to go in search of another new historical top above the price area of R $ 128,000 and reach the price of R $ 130,000.
If the price of Bitcoin falls below the R $ 120,000 price range, the disadvantages could be greater and extend below the R $ 119,000 and R $ 118,500 price range.
Buyers are doing a great job with the Bitcoin price on Braziliex and have just made another new historic top on Braziliex and Brazil in the price range of R $ 127,999.
Buyers will try to look for the R $ 130,000 price range.
Buyers need to keep the Bitcoin price on Braziliex in consolidations to positive developments above the $ 124,000 price range for the next sessions, so as not to start having disadvantages below this price range created by sellers that may extend below the area price of R $ 122,000 and R $ 121,600.
Follow buyers on Braziliex with the Bitcoin price above the R $ 126,000 price range.
Resistances: R $ 128,120 // R $ 129,414 // R $ 130,519 // R $ 131,585.
Support: R $ 124,977 // R $ 124,143 // R $ 123,082 // R $ 122,071.
https://www.tradingview.com/x/DcthuKOD
Graph H1:
The price of Bitcoin has made yet another new historic top in its history, arriving just now in the price range of $ 24,681.
The price of Bitcoin now at the time of writing follows in the price area of the $ 24,510 where you should make a correction to adjust the graph and with that the consolidation rounds above the price area of the $ 24,200 and $ 24,000 should continue, for the possible return of positive developments and the attempt to make advances above the historical top in the price area of U $ 24,681.
It will be extremely important now for the Bitcoin price to continue consolidations and positive advances above the $ 24,000 price range so as not to start losing its strength and start having possible disadvantages below the $ 23,960 price areas and $ 23,880.
Buyers are in full control of the situation and will have to continue further consolidations above the price range of $ 24,200 and $ 24,120 for the return of attempted developments above the historic top just made in the price area of $ 24,681.
The possibilities for buyers to search for the $ 25,120 price range are at stake.
In the case mentioned above, buyers will have to keep Bitcoin's price above the $ 24,000 price range for a new level of consolidation and daily closing.
If buyers go into exhaustion trying to stay above the $ 24,120 price range, sellers will be able to get in control of the situation and with that the possibilities for negative advances below the $ 23,960 and $ 23,880 price areas may arise and still extend below $ 23,740.
It will be important for buyers to keep Bitcoin's price above VWAP for the next sessions.
It follows buyers above the $ 24,380 price range.
Resistances: U $ 24,691 // U $ 24,899 // U $ 25,067 // U $ 25,287.
Support: U $ 24,350 // U $ 24,142 // U $ 23,916 // U $ 23,708.
https://www.tradingview.com/x/vNf4cqOG/
BTC dominance 68.39%
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nº261
