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Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – May 16

The crypto’s price is above the 0.236 and 0.382 Fibonacci retracement levels which indicate that price is likely to rise. On the upside, if the bulls break the $8,260 resistance level, the market is likely to reach the $8,500 price level. BTC/USD Medium-term Trend: Bullish Resistance Levels: $8,250, $8,500, $8,250 Support levels: $8,000, $7,750, $7, […]