Bitcoin Price Prediction: Long-term (BTC) Value Forecast – June 22
- The crypto’s price is making a series of higher highs and higher lows.
- The current trend is presumed terminated, if the BTC price breaks the trend line and another candlestick closes on the opposite of it.
BTC/USD Long-term Trend: Bullish
- Resistance levels: $10,500, $11,000, $11,500
- Support levels: $10,000, $9,500, $9,000
The BTC/USD pair is in a bullish trend. The crypto’s price is making a series of higher highs and higher lows. The 12-day EMA and the 26-day EMA are also trending northward indicating that the BTC price is rising. From the trend line tool, as long as the bullish trend is ongoing, the trend line will be unbroken, the BTC price will test the trend line resume its upward move. However, if the BTC price breaks the trend line and another candlestick closes on the opposite of it, then the current bullish trend is presumed to be terminated.
However, the current trend is ongoing. From the Fibonacci tool, the BTC price is trading in the continuation zone of 0.236 (23.6%) and 0.382 (38.2%) Fib. retracement tool. In these zones, the BTC market is likely to rise. However, the BTC market will fall, if price breaks below the 0.236 (23.6%) and 0.382 (38.2%) Fib. retracement levels. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
Bitcoin’s price is $57,039.65 BTC/USD exchange rate today. The real-time BTC market cap of $1.07 Trillion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $25.99 Billion and live coin value change of BTC -0.35 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$57,039.6484 change ~ -0.35%
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