{"id":291068,"date":"2021-06-04T04:52:34","date_gmt":"2021-06-04T08:52:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=291068"},"modified":"2021-06-04T05:09:51","modified_gmt":"2021-06-04T09:09:51","slug":"bitcoin-btc-price-prediction-btc-usd-is-ranging-as-bitcoin-consolidates-above-34000","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-btc-price-prediction-btc-usd-is-ranging-as-bitcoin-consolidates-above-34000","title":{"rendered":"Bitcoin (BTC) Price Prediction: BTC\/USD Is Ranging as Bitcoin Consolidates above $34,000"},"content":{"rendered":"
About 24 hours ago, Bitcoin bulls failed to sustain above the $40,000 as Bitcoin consolidates above $34,000. Consequently, BTC\/USD<\/a> is falling toward the direction of the lower price range. Since buyers fail to break the $40,000 resistance, sellers have another advantage to retest the critical support at $34,000. This has been the price tussle since May 19 downtrend. The breaking of these range-bound levels will determine the direction of Bitcoin.
Resistance Levels: $45,000, $46,000, $47,000
Support Levels: $35,000, $34,000, $33,000<\/p>\r\n