Bitcoin Price Prediction for Today April 13: BTC/USD Heads to $42,000 Level – InsideBitcoins

BTC/USD is currently recovering from the $39,550 support zone as the Bitcoin price needs to cross above the 9-day and 21-day moving averages to keep the uptrend intact.

As seen on the daily chart, the Bitcoin price is moving closer to the 9-day MA as the coin begins the new bullish movement with a new note.

However, the first major resistance is near the $42,000 level, therefore, a clear break above the $44,000 level could set the pace for a larger increase to $45,000, $47,000, and $49,000 resistance levels.

The 4-hour chart for BTC shows that the coin is likely to follow a sideways movement.

However, considering that the 9-day MA is still below the 21-day MA, the Bitcoin price may move back below the $40,000 support.

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