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Bitcoin Price (BTC) Preparing For Next Crucial Break, Bullish? January 13, 2020

Bitcoin price is trading above the $7,980 support level, with range moves. BTC to USD is likely to start a new surge if it clears the $8,160 and $8,220 resistance levels.
Key Takeaways: BTC/USD
  • Bitcoin price is showing a lot of positive signs above the $7,980 support against the US Dollar.

  • BTC/USD is following a strong support at $7,980 and a bullish trend line on the 2-hours chart (data feed from Bitstamp).

  • Ethereum is also trading in a range above the $140.50 and $141.20 support levels.
Bitcoin Price Analysis
Recently, there was a decent increase in bitcoin price above the $8,000 and $8,200 resistance levels. BTC to USD even broke the $8,250 resistance area and traded towards the $8,300 area.