Bitcoin Price Prediction: Will BTC Break $67,147 Resistance?

The cryptocurrency market is abuzz with activity, and Bitcoin is retesting its major resistance level of $67,147. Meanwhile, Ethereum finds support around $3,321, and Ripple faces rejection due to the key resistance level of $0.499.

Bitcoin Price Faces Resistance at a Major Level

Bitcoin’s daily candlestick closed at $66,043 on Friday and is currently moving upward toward its weekly resistance level of $67,147. This level has been a significant hurdle for the cryptocurrency, and a break above it could lead to further gains.

Bitcoin price chart showing resistance level

Ethereum Price Poised for a Rally

Ethereum price bounced 7% from a low of $3,362 on Friday to its current trading at $3,614. This upward movement could be a sign of things to come, as Ethereum continues to gain traction in the market.

Ethereum price chart showing upward movement

Ripple Price Set for a Correction

Ripple price faces resistance at its daily resistance level at $0.499. This level has been a key hurdle for the cryptocurrency, and a break above it could lead to further gains.

Ripple price chart showing resistance level

As the cryptocurrency market continues to evolve, it’s essential to keep a close eye on these key levels. Will Bitcoin break above $67,147, or will it be rejected once again? Only time will tell.

“The trend is your friend until it bends.” - Unknown