Bitcoin Price Forecast (BTC): Unlocked BTC / USD fluctuates in a limited range of $ 57,000 to $ 60,000.

Bitcoin Price Forecast (BTC) – April 7, 2021 Bitcoin price is currently fluctuating below and above the significant $ 58,000 support level. Additionally, the price action is characterized by small stem candlesticks called Doji and Spinning tops. These candlesticks mean that buyers and sellers are undecided about the direction of the market. Resistance Levels: $ 58,000, $ 59,000, $ 60,000 Support Levels: $ 40,000, $ 39,000, $ 38,000 BTC / USD – Daily Chart On the daily chart, small candlesticks and highs called Doji indicate that buyers and sellers are in a false period of indecision. . Therefore, Royal Coin fluctuates below the overall resistance of $ 60,000. In summary, the price of BTC has remained between $ 57,000 in support and $ 60,000 in overhead since March 30. Last week, Bitcoin was not trending. BTC / USD is limited to a price range. Currently, the market is below the USD 58,000 support. The price of BTC tends to exceed this important level of support. The royal coin continues its trend if the $ 60,000 resistance or the $ 57,000 support is breached. On the upside, if buyers can push the BTC price above $ 60,000 and above $ 61,800, the coin will rise above $ 70,000. However, if the bullish scenario fails, the market will remain in a limited range. Russian lobby group launches new campaign against anti-crypto laws A group of Russian lobbyists led by the law firm Digital Rights Center has launched a new campaign against regulatory initiatives in the cryptocurrency market. This group includes the Blockchain Technologies and Digital Economy Commission, the large Russian government agency Investment Russia, and the nonprofit organization RosComSvoboda. The campaign says the proposed digital currency regulation in Russia "does not meet the needs of the market". The lobbyists also launched a public petition against major Russian regulators, including the Ministry of Finance, the Ministry of Economy. Read more

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