News & Feeds February 19, 2022

Bitcoin Price Prediction: BTC/USD May be Limited below $40,000 Level

BTC/USD surges and moves close to the resistance level of $40,333 but fails to break both the 9-day and 21-day moving averages. The first digital asset is currently gaining about 0.74% since the past few hours and could stay unchanged before the end of today’s trading. Meanwhile, BTC/USD is changing hands at $40,279.21. The coin remains in the hands of the bulls but needs to rise above $40,000 to escape the danger zone. Therefore, if the bulls could successfully push the price above the moving averages, the next resistance levels may be found at $45,000, $47,000, and $49,000.