Bitcoin Price Prediction: BTC Breaks Above $40,000, Prepares To Launch To $44,000
The main cryptocurrency is trading around $40,000. A break above the immediate barriers will likely boost Bitcoin to $44,000 before bulls plan the next run to $48,000.
The Relative Strength Index (RSI) holds within the overbought region. On the one hand, this shows that buyers are aggressive and upward price action is intact but on the other, overbought conditions could culminate in a correction as bears battle to bring the price down. Therefore, balancing above $40,000 is key for the uptrend.
