Bitcoin Price Prediction: Long-term (BTC) Value Forecast – July 13
- On the upside, if more buyers are introduced at the upper price level, the BTC price will rise.
- On the downside, if the bears break the $11,000 support level the crypto will be in a downtrend.
BTC/USD Long-term Trend: Ranging
- Resistance levels: $10,500, $11,000, $11,500
- Support levels: $11,000, $10,500, $10,000
The BTC/USD pair is in a bullish trend zone as the market reaches the $13,000 overhead resistance level. The 12-day EMA and the 26-day EMA are pointing northward indicating that price is in an uptrend. The crypto's price is above the 12-day EMA and the 26-day EMA indicating that price is likely to rise.
On the upside, if more buyers are introduced at the upper price level, the BTC price will rise. From the chart, the bulls tested the $13,000 resistance level on two occasions and on each occasion, the bulls were resisted as the price fell to the support of the 26-day EMA. On the upside, if the 26-day EMA or the $11,000 support level holds, the crypto's price will rise to retest the $13,000 overhead resistance level.
If the bulls fail to break the overhead resistance, the crypto's price will resume its range bound move. On the downside, if the bears break the $11,000 support level the crypto will be in a downtrend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
Bitcoin’s price is $34,070.62 BTC/USD exchange rate today. The real-time BTC market cap of $638.52 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $50.43 Billion and live coin value change of BTC 6.07 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$34,070.6235 change ~ 6.07%
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