• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Litecoin Price Prediction

    Litecoin Price Prediction: LTC/USD Bullish Amidst Strong Selling Pressure

    Crypto market

    Crypto market: Thailand to set new regulations amid high interest

    XRP/USD Price Prediction

    XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

    Bitcoin price movement

    Bitcoin Price Prediction: Bitcoin Will Remain Bullish as long as SMA Support is Intact

    Bitcoin price analysis Tight price range halts uptrend as $46K support holds

    Bitcoin price analysis: Tight price range halts uptrend as $46K support holds

    MicroStrategy

    MicroStrategy defies market dip, buys $10m more Bitcoin

    Cardano price

    Cardano price prediction: ADA to fall to $0.800

    crypto ban

    FCA Crypto Ban: Bybit suspends services to UK

    UNI Price Prediction

    UNI Price Prediction: Uniswap poised for freefall to $25

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Litecoin Price Prediction

    Litecoin Price Prediction: LTC/USD Bullish Amidst Strong Selling Pressure

    Crypto market

    Crypto market: Thailand to set new regulations amid high interest

    XRP/USD Price Prediction

    XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

    Bitcoin price movement

    Bitcoin Price Prediction: Bitcoin Will Remain Bullish as long as SMA Support is Intact

    Bitcoin price analysis Tight price range halts uptrend as $46K support holds

    Bitcoin price analysis: Tight price range halts uptrend as $46K support holds

    MicroStrategy

    MicroStrategy defies market dip, buys $10m more Bitcoin

    Cardano price

    Cardano price prediction: ADA to fall to $0.800

    crypto ban

    FCA Crypto Ban: Bybit suspends services to UK

    UNI Price Prediction

    UNI Price Prediction: Uniswap poised for freefall to $25

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Bitcoin News

Bitcoin price prediction: Bulls in control, price to cross $18,000 by tomorrow

Bilal Ahmed by Bilal Ahmed
November 19, 2020
in Bitcoin News
4 min read
Bitcoin price prediction: Bulls in control, $18,000 in sight
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Bitcoin price currently at $17,600.
  • Buyers fight back as price action turns bullish on the short-term charts.
  • Price is expected to cross $18,000 with hope to reach new all-time high in the coming days.

Bitcoin Price Prediction: Today’s price overview.

Bitcoin price opened at $17790.18 with a slight bearish momentum that dominated the price movement throughout the day. Despite the bulls trying to fight back, the trend remained bearish, with the price declining below the day’s opening price. BTC price is currently trading at $17,600, showing a 1.75 percent decline from the day’s opening price.

Bitcoin price overview over the last 24 hours.

Bitcoin price prediction: Bulls in control, price to cross $18,000 by tomorrow 1

Bitcoin price opened with slight bearish momentum, with the bears dominating the price movement. However, the bulls found support at $17,600, and momentum kicked in. The bears’ dominance was erased with the price action turning highly bullish. The bulls ascended above $18,000 but failed to continue the momentum as the price immediately declined. Since then, the buyers have tried several times but failed to stop the bearish movement.

On the technical indicators, the MACD 4C started the day in the bearish territory with declined bearish momentum. Following the bullish reversal, the indicator signaled strong bullish momentum till 02:30 UTC before showing bearish resistance. Currently, the MACD is bearish but indicates a potential turnover.

RelatedPosts

Bitcoin Price Prediction: Bitcoin Will Remain Bullish as long as SMA Support is Intact

Bitcoin price analysis: Tight price range halts uptrend as $46K support holds

Bitcoin Price Prediction: BTC drops below $50,000 as Wall Street bleeds

Bitcoin price now above $51,000

The buyers seem to have found strong support at $17,400, which might enable the bulls to initiate a rally; however, the MACD is still bearish. The next 60-90 minutes would determine the price movement across the short-term charts.

Bitcoin price 1-hour chart

Bitcoin price prediction: Bulls in control, price to cross $18,000 by tomorrow 2

The above chart shows the price movement of BTC USD between the hours 08:00 and 09:00 UTC.

BTC price started the hour at $17,669 with slight bullish momentum that died soon with the buyers meeting rejection at $17,700. The price declined sharply, but the buyers defended the support level at $17,400. Despite attempting a bullish turnover, the buyers failed to cross $17,700, and the price action remained stagnant. The price again declined to support level with the bulls trying to charge again.

On the technical indicators, the RSI has been leaning to the oversold territory, which is bullish for the price movement. However, the buyers have failed to gain enough momentum to cross the resistance level. Meanwhile, the MACD 4C has remained bearish throughout the hour multiple attempts at a bullish turnover.

Trades can expect the price to continue moving between $17,400 and $17,700 for the next few hours.

BTC USD November chart

Bitcoin price prediction: Bulls in control, price to cross $18,000 by tomorrow 3

Bitcoin price started in November at $13,803, continuing the bullish momentum of September. However, unlike September, the price movement was sharper in November, with the price ascending a steep gradient. Despite the buyers remaining firmly in control of the price action, the trend is yet to break out of the ascending channel depicted in the picture below. However, on the other hand, the bears have also failed to breach the channel’s support despite three attempts.

Across the technical indicators, the MACD 4C has remained bullish throughout the month despite numerous attempts at a turnover. The indicator is currently bullish but shows a price correction. The RSI started the month below overbought but flashed overbought conditions on 6 November. However, the price action remained bullish after a healthy correction.

With the MACD showing a high bullish presence and the RSI returning to a healthy region, the price movement shows potential for upwards movement. Traders can expect the price to cross $18,000 by tomorrow with room for challenging $19,000 level by 23 November.

The recent bull rally is fueled by institutional investors, which means that buyers would not panic at the first sign of a turnover. If buyers continue to defend support levels on the short-term charts, the price movement may reach a new all-time high for Bitcoin.

Grayscale Bitcoin Trust now holds more than 500,000 $BTC. Yes, you read that right. Learn more about the world's largest #Bitcoin investment product. #GoGrayscale https://t.co/2sEpUdw8iN pic.twitter.com/9h8nGZ8i4t

— Grayscale (@Grayscale) November 16, 2020
Tags: cryptocurrency tradingcryptomarket
Bilal Ahmed

Bilal Ahmed

Bilal Ahmed is a blockchain enthusiast and an avid reader who loves writing about ramifications of blockchain and cryptocurrencies. He believes in doing due diligence with facts before transmitting.

Related Posts

Bitcoin price movement
Bitcoin News

Bitcoin Price Prediction: Bitcoin Will Remain Bullish as long as SMA Support is Intact

March 6, 2021
Bitcoin price analysis Tight price range halts uptrend as $46K support holds
Bitcoin News

Bitcoin price analysis: Tight price range halts uptrend as $46K support holds

March 6, 2021
Bitcoin price
Bitcoin News

Bitcoin Price Prediction: BTC drops below $50,000 as Wall Street bleeds

March 5, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Litecoin Price Prediction

Litecoin Price Prediction: LTC/USD Bullish Amidst Strong Selling Pressure

March 6, 2021
Crypto market

Crypto market: Thailand to set new regulations amid high interest

March 6, 2021
XRP/USD Price Prediction

XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

March 6, 2021
digibyte price prediction

Digibyte Price Prediction 2021, 2023, 2025

March 6, 2021
Wisdom Events Partnership Agreement - Blockchain Finance Forum 4

Wisdom Events Partnership Agreement – Blockchain Finance Forum

March 6, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 5

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.