BTC Price Predictions For Feb 22: 17 Go Long; 20 Go Short

As of 14:08 UTC on Feb 20, the largest crypto, Bitcoin is trading slightly above the $9,600 level, according to Coin6. Now the coin is changing hands at 9,700.70 USDT on Boboo.com with an increase of 1.42% drop in the past 24 hours.

Out of the 69 accredited crypto analysts with Coin6, 17 think that for the next 24 hours (12:00 UTC, Feb 20 to 12:00 UTC, Feb 21), the price of BTC will rise, 20 think it will drop, and 32 think it will continue to trade sideways.

Coin6 selects opinions from several popular crypto analysts for your market analysis:

Bullish

@Kaka Timely Review:

The market has gone on a wave of oversold rebounds as expected, and the rebound is expected to continue. After the short-term overcast breaks down, the anti-drawing confirmation stage, which is close to $10,000, is easy to fall back. The percentage return of oversold rebound should not be strong.

@Blockchain Hawkeye: After the price hit a new low, a part of the undertaking funds appeared in the market, but the rebound strength within the day was still weak, and both long and short volumes were released. It is expected that the slight upward trend will continue on Feb 22 and it will be made after standing on the 5th-MA line. The expected support level is $9,500, and the pressure level is $9,800.

Bearish

@Blockchain Ace: Short-term BTC showed no signs of rising. Recently, high altitude has prevailed. The price may swing at the range between $9,500 and $9,750. Pay attention to the $9,300 position and below, once broken, this term of bullish trend is over.

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Bybt is a cryptocurrency futures trading & information platform,where you can find the Cryptocurrency futures Liquidation Data and longs vs shorts ratio.Above all the quantities are shown as per their respective contract value.
© 2020 Bybt.All Rights Reserved.