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Bitcoin price analysis of April 21, 2021

Based on the standard deviation calculated over 5 days, I report the daily range of prices that I expect today: MAX 59065            LOW 53900.

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On the 4H chart, compared to yesterday, the situation has not changed much, we are trading tight in a fluctuation band between the support at 53350 and the resistance at 57630. It is important to maintain the level of 51600. For another growth is essential a close above 57630 which projects us in the 60000 area.

This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.

THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

Charts from tradingview.com

Thanks for reading.

 

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