Bitcoin (BTC) Price Prediction 2021: BTC/USD Nears $80K as Bullish Market Influence Takes Hold

Bitcoin is showing strong upward momentum, currently trading just over $75,000, with a monthly increase of more than 20%. The approaching resistance level around $80,000 could pave the way for a further target near $82,000 if the trend persists.

Bitcoin price has soared to a new all-time high, reaching $76,000 and sparking a wave of “extreme greed” in the crypto market. This new peak has ignited fresh optimism and speculation among investors, leading many to wonder if the iconic cryptocurrency could be fast-tracking its way to the highly anticipated $100,000 mark.

Another cryptocurrency that is garnering attention is Litecoin (LTC), which is approaching its next resistance level at $80. According to ChangeNOW, a no-registration cryptocurrency exchange, there has been a surge in transaction volumes for both Bitcoin and Litecoin on the platform. This growing activity suggests that investors are accumulating these coins, hinting at promising future growth for these assets.

Bitcoin price points to bullish market influence

Bitcoin is displaying a strong upward trend, currently trading at around $75,000, with a monthly increase of over 20%. The approaching resistance level at $80,000 could pave the way for a further target in the vicinity of $82,000 if the positive momentum continues.

Market indicators are suggesting a bullish influence, with the 10-day simple moving average positioned above the 100-day average and other momentum indicators also showing encouraging signals. For those observing these trends, Bitcoin’s setup seems to be hinting at potential growth on the horizon.

Platforms like ChangeNOW offer a simple, registration-free way to get started with Bitcoin, allowing users to swap crypto with no hidden fees, making it an accessible option to enter the market.

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Litecoin price shows bullish signs with potential upside ahead

Litecoin is displaying promising bullish signals, trading between $63 and $72 with recent upward movement — up about 3% in the past week and 8% over the last month.

The Relative Strength Index (RSI) is around 52, indicating a stable trend, while a low Stochastic value near 19 suggests the asset may be oversold, which could indicate building bullish momentum. With prices currently above the 100-day moving average at approximately $69, Litecoin may approach its next resistance level around $78 if this trend continues, with a further potential target near $87, representing a possible upside of over 20%.

For those watching these market indicators, Litecoin’s setup hints at positive momentum. ChangeNOW offers an easy, registration-free way to get started with Litecoin, with no hidden fees for a straightforward transaction experience.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody

Bitcoin’s rise to $76K has captivated investors and traders, prompting speculation about a possible climb to $100K. Cryptocurrencies like Litecoin also offer distinct opportunities in this evolving market. For those interested in investing in these coins, ChangeNOW provides an excellent platform for transactions. It allows users to exchange, buy, or sell cryptocurrencies without hidden fees or the need for registration, enhancing security by not storing user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW simplifies the process for everyone.

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