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Bitcoin Gold Price Rises 17.5% to $76.41 – Where to Buy BTG

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Bitcoin price

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The cryptocurrency market has started the weekend with amazing gains. Bitcoin is currently aiming for $49K. This significant gain has led to an increased value for altcoins, with most of the market now trading in the green zone. Bitcoin Gold has mimicked bitcoin’s trend, and it is currently making double-digit gains.

BTG is trading at $76.41 at the time of writing after a 17.5% gain in 24 hours.

Bitcoin Gold Price Analysis

BTG Price Analysis Aug 21
Source: Tradingview

Bitcoin gold is currently on a significant uptrend. The gains made in the past few days by the coin have been the highest since the market rebounded, which means that volatility has increased significantly.

If the current gains hold, we could see BTG heading towards the upper resistance of $78. This is the next critical level for the coin because it will create a new monthly high. Currently, market support is strong, which means there is an increased chance that the uptrend will progress this weekend. Buyers could also fuel a stronger bull run.

On the other hand, a slump in the broader market could also cause a slump in BTG’s prices. In this case, we will see BTG retest the lower support level of $74. Besides lack of market support, this level could also be retested if BTG wants to gear up for another bull rally.

Bitcoin Gold is one of the hardfork of the Bitcoin network. The purpose of this hard fork was to improve efficiency in the mining process. To achieve this, Bitcoin Gold uses the Equihash algorithm. The developers of Bitcoin Gold also ensured that the cryptocurrency was readily accessible to everyone.

Where to Buy Bitcoin Gold

If you want to buy BTG, you can create a cryptocurrency exchange account on the following platforms:

  • eToro

One of the platforms where you can buy cryptocurrencies is eToro. eToro is a renowned social copy trading platform where new traders can copy the trading strategies of expert traders. eToro also supports a wide range of cryptocurrencies and trading pairs.

  • OKEx

You can also buy BTG from OKEx. OKEx is one of the largest cryptocurrency exchange platforms. It offers a wide portfolio of cryptocurrencies and trading pairs. OKEx also offers user-friendly features that make trading on the platform easy.

Looking to buy or trade Crypto now? Invest at eToro!

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