Bitcoin (BTC) Price Forecast: BTC / USD Stands Above $ 62,000 Support As Bulls Prepare For Next Bullish Era

Bitcoin Price Prediction (BTC) – April 16, 2021 Bitcoin's price currently ranges from $ 62,000 to $ 65,000 as the bulls try to break the $ 65,000 resistance. In the past three days, the BTC price has corrected above the $ 62,000 support. If the bulls clear the $ 65,000 resistance, Bitcoin will reach new highs above $ 70,000. Resistance Levels: $ 65,000, $ 70,000, $ 75,000 Support Levels: $ 50,000, $ 45,000, $ 40,000 BTC / USD – Daily Chart It is no longer news that buyers have overcome the $ 60,000 resistance levels at $ 61,825 a month later. price wars. A break above the resistance levels is pushing the price towards $ 65,000. However, over the past three days, buyers are still struggling to overcome the new $ 65,000 resistance level. After the initial drop to $ 61,306, the price of BTC continued to fluctuate between $ 62,000 and $ 64,000. Buyers were unable to retest the $ 65,000 resistance as the price consolidated above the $ 62,000 support. On the upside, if buyers break the $ 65,000 resistance, Bitcoin will rise above the $ 70,000 psychological price level. On the other hand, if the sellers break the support at $ 62,000, the royal money will drop to $ 60,000. AXA, Europe's second largest insurance company, started accepting Bitcoin as a payment instrument AXA became the first fully-covered insurance company in Switzerland to offer its clients to pay their bills with Bitcoin. Bitcoin payments are accepted for almost all AXA products except life insurance due to legal barriers to the latter. This new political deal was made possible thanks to a partnership with established cryptocurrency broker Bitcoin Switzerland. The accelerating digital transformation of the global economy during the coronavirus epidemic was the main reason why Bitcoin was accepted as a payment instrument. Another reason is that AXA market research shows that a third of respondents between the ages of 18 and 55 are interested in Bitcoin. According to AXA Switz Read more

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