Bitcoin Price Prediction: BTC Steady Above $40k as Outlook Remains Positive

16 April 2022

in XLM

Reading Time: 15 mins read

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April 19th, Bitcoin Price Prediction: For the next few hours, the Price of Bitcoin is predicted to trade between $40,601 and $40,860. The Overall Outlook is Positive (Positive: 67% Negative: 33%).

Bitcoin Price Prediction 2022: $57,591 (Revised Higher on April 18th)

Bitcoin Price Prediction 2025: $160,279 (Revised Higher)

Current Price of Bitcoin

BTC Bitcoin Price Prediction: Performance Analysis

BTC jumped higher on the back of the highest trading volumes in 2 weeks. The rise over the last few hours came after Google search actually started to trend lower after a massive rise. It is likely that Whales began to buy soon after retail investors gave up. This is also backed by data from social media sentiments that show no change in retail sentiments towards BTC. It is just marginally positive.

	Bitcoin	NASDAQ	Ethereum
Last 5 days	+2.0%	-1.6%	+0.6%
YTD	-14.7%	-15.8%	-19.2%

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BTC Bitcoin Price Prediction: Today’s Outlook

Indicator	Trend
Price	Higher
Technical	Buy
Trading Volume	Higher
Google Search Trend	Lower
Social Media Buzz	Lower
Social Media Sentiment	Higher

BTC Bitcoin Price Prediction: Google Search Trends

The interest level on Google for Bitcoin is lower than yesterday.[Please move the cursor on the chart to see the latest interest levels and compare them with 24 hours ago]

Read about Ethereum Price Prediction

BTC Bitcoin Price Prediction Daily: Technicals

Support	Resistance	Recommendation
$ 40,549 (S3)	$ 40,887 (R1)	Buy
$ 40,653 (S3)	$ 40,834 (R1)	Buy

Latest Bitcoin Technical Analysis Video

Read: Cardano Price Prediction

BTC Price Prediction Daily and Forecast: Market Cap and Volume Data

	Value	Trend
Market Cap Rank	1st	Steady
Current Market Cap	$ 775 B	Higher
Volume Traded in Terms of $ Value	$ 31.40 B	Higher

Bitcoin Price Prediction: How many BTC Holders are in Profit?

Holders Making Money At Current Price as per IntoTheBlock

Date	% of Investors making Money	% of Investors Losing Money
April 19th	64%	28%
April 15th	61%	35%
March 31st	71%	27%
March 15th	59%	35%

Latest Bitcoin-related Tweets

Originally tweeted by CRYPTOWZRD (@cryptoWZRD_) on April 19, 2022.

BTC Daily Technical Outlook:
$BTC closed bullish today and it printed a bullish engulfing candle. A successful breakout above $41,000 is important from this location. Tomorrow I’ll be highly focused on the intraday chart’s development to look for a scalp setup 👀

Originally tweeted by Ryan Polk (@RyanBTCPolk) on April 19, 2022.

$BTC more downward pressure: I believe that the pump today is a fakeout, the price was pumped to a supply zone created on April 13th only to load up their short positions. The pump today was very steep and comparing to previous breakouts the volume today…

Read: Cardano Price Prediction

Bitcoin Price Prediction: Latest Bitcoin News

TA: Bitcoin Recovers Losses But Here’s Why $41.5K Could Prevent Gains
Bitcoin Set to Drop to $30K Soon? Here’s What Trades Should Do

Read: Solana Price Prediction

	Last 7 Days	Last 24 Hours	Trend
Net Social Media Sentiment ($BTC)	+1.1%	+2.6%	Higher

If you want to explore the hottest cryptocurrencies for 2022, read this – Best Cryptocurrency to Invest in 2022. This is updated daily after analyzing at least 6-10 datasets every day.

Bitcoin Price Prediction 2022

Bitcoin Price Prediction 2025

Bitcoin Prediction Daily and Forecast: How to Invest in Bitcoins?

Getting Bitcoins has been made easier by the day. There are multiple exchanges offering Bitcoin and other cryptocurrencies currently. Hew is steps to how to get Bitcoins:

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The very first step to get or invest in Bitcoin is to choose an Exchange. There are multiple exchanges in the market. The most popular ones are:

[crypto-donation-box]

Coinbase
Binance
Gemini
Robinhood
Venmo

The second step is to decide upon the payment option. However, once you have decided the exchange, you need to fund your account. There are different methods of funding your accounts, such as bank transfers from a checking or savings account, PayPal, wire transfers, a cryptocurrency wallet or even a credit or debit card.

Note: Every exchange has its own charges with respect to funding your account.

The third step is to place your order. Once you have funded your account, you can now place your order depending upon the features provided by the exchange.

Once you place your order and your transaction is complete, you will be owning a part of Bitcoin which will be reflected in your wallet.

Bitcoin to $100,000 by Yearend?

Bitcoin was heavily expected to breach $100,000 by 2022 yearend. However, with the increasing Bitcoin crashes and fear of regulations, only 5% of JPMorgan’s Clients See Bitcoin at $100,000 by Yearend. More than 40%, though, saw it above $60,000, where it was roughly two months ago before it commenced its latest stretch of declines.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.

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