Bitcoin Price Prediction: Bulls Ready to Breach $18K Resistance Level

• Bitcoin price prediction shows that BTC is following two straight bullish days as it moves towards the north.
• Technical indicator Relative Strength Index (14) shows that the Bitcoin price is ready for upward movement as the signal line crosses above the 60-level.
• If the bulls increase the buying pressure, BTC/USD could hit the resistance level of $18,000 and potentially reach the resistance levels of $18,500, $20,500, and $22,500.

The Bitcoin price prediction is looking quite positive today as the king coin is following two straight bullish days and moving towards the north. Technical indicators suggest that the Bitcoin price is ready for an upward movement as the signal line of the Relative Strength Index (14) crosses above the 60-level. This could be a sign that the bulls are regaining control of the market and further increases in buying pressure could push the Bitcoin price up to the resistance level of $18,000.

If the bulls are able to breach this level, then the Bitcoin price could continue its upward momentum and reach the next resistance levels of $18,500, $20,500, and $22,500. These are all levels that Bitcoin has been unable to break through in the past and if it is able to do so, it could signal the start of a new bullish trend. On the other hand, if the bulls fail to break through these levels then the Bitcoin price could experience a pullback and retreat towards the lower boundary of the channel.

It is important to remember that the Bitcoin price is still volatile and can be unpredictable at times. Therefore, it is important to keep an eye on the market and take any necessary precautions to protect your investments. Additionally, it is also important to diversify your portfolio and invest in other digital assets to reduce your risk exposure.