Bitcoin (BTCUSD) Price Forecast: April 23
The BTCUSD price is rising again. The pair after the completion of a major milestone called halving on April 19th, at the moment, is trying hard not to fall by resisting sellers, in case the bulls’ pressure breaks up the previous highest resistance level of $73709.99, the coin price may increase to the $76000 high level and beyond, bolstering the positive sentiment in the crypto world.
Key Levels:
Resistance Levels: $64000.00 $65000.00, $66000.00
Support Levels: $50000.00, $49000.00, $48000.00
BTC (USD) Long-term Trend: Bullish (Daily Chart)
BTCUSD price is rising again and remains bullish on the higher time frames. This is clear as we can see the prices trading above the moving average lines indicating an uptrend.
The bulls’ sustained pressure on the crypto in the past few days has made it rise above the supply level in its recent high.
Today, the coin price continued its rising pattern and made an increase to the $66094.63 resistance value above the EMA line shortly after the daily chart opened. This indicates that the buy investors are dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price tendency will move above the key levels.
The longer the price stays above the mentioned supply level, the more pressure builds up to reach a key significant level at the upside.
Next, the Bitcoin price is also pointing upwards on the daily signal, this suggests that the coin price will continue rising and head towards the $76000 upper resistance trend line in the days ahead in its higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
The BTCUSD pair is rising again and also portrays a bullish sentiment in its medium-term perspective. Buyers are confident about gaining higher levels and this confirms their high impact in the market at the present. 
The buy investors made a jump to the $65299.27 supply value above the EMA-50 during the previous action and sustained it; this enabled the crypto to remain strong above the trend line in its recent high.
The momentum continues today as the bulls made a corrective move to a high at the $65899.90 mark above the EMA-50 as the 4-hourly chart opens today. This shows the high impact of the buy investors on the Bitcoin market; likewise, the downside risk remained uncertain.
In addition, the largest cryptocurrency price may continue its rising pattern as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the bullish rally may therefore head towards the $76000.00 high value in no long time on the medium-term time frame.
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