{"id":367757,"date":"2023-01-05T09:10:42","date_gmt":"2023-01-05T14:10:42","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=367757"},"modified":"2023-01-05T09:10:42","modified_gmt":"2023-01-05T14:10:42","slug":"bitcoin-price-prediction-for-today-january-5-btc-usd-struggles-to-hold-above-16800-level","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-january-5-btc-usd-struggles-to-hold-above-16800-level","title":{"rendered":"Bitcoin Price Prediction for Today, January 5: BTC\/USD Struggles to Hold Above $16,800 Level"},"content":{"rendered":"
The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of $17,000.<\/p>\n
Key levels:<\/p>\n
Resistance Levels: $21,000, $23,000, $25,000<\/p>\n
Support Levels: $14,000, $12,000, $10,000<\/p>\n
BTC\/USD couldn’t break the resistance level of $17,000 with the current consolidation pattern as the king coin fails to close above the 9-day and 21-day moving averages. The Bitcoin (BTC)<\/a> begins the day off by trending toward the north only to roll over and fall lower to touch the daily low at $16,778. Similarly, the first level of support could be located around $16,500. Beneath this, support lies at $14,000, $12,000, and $10,000 levels.<\/p>\nBitcoin Price Prediction: Bitcoin (BTC) May Break to the Upside<\/h2>\n