Bitcoin Price Prediction: Long-term (BTC) Value Forecast – June 29


  • On the upside, the BTC coin is likely to rise because it is above the EMAs.
  • Meanwhile, the BTC price is in the 0.382 (38.2%) Fib. retracement level which suggests that the crypto is likely to rise.

BTC/USD Long-term Trend: Bullish

  • 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. The BTC price is also above the 12-day EMA and the 26 day EMA which suggest that price is likely to rise. On June 26, the BTC price reached a high of $14,000 but was resisted. The BTC market had a downward correction to the support of the 12-day EMA or at the $11,000 support level. On the upside, the BTC coin is likely to rise because it is above the EMAs. The bulls have to overcome the resistance at the $12,000 price level. On June 1, the BTC price had an opening balance of $8,547 and a closing balance of $12338 as at June 28.

The price of Bitcoin has appreciated by 44% of its capitalization in the month of June 2019. Meanwhile, the BTC price is in the 0.382 (38.2%) Fib. retracement level which suggests that the crypto is likely to rise. The 0.236 and 0.382 Fib. retracement levels are continuation zone for a trending market .Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Bitcoin’s price is $39,969.72 BTC/USD exchange rate today. The real-time BTC market cap of $748.87 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $26.09 Billion and live coin value change of BTC -0.46 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$39,969.7163 change ~ -0.46%

Coin Market Cap

$748.87 Billion

24 Hour Volume

$26.09 Billion

24 Hour VWAP

$40.27 K

24 Hour Change

$-183.95

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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