BITCOIN Price Prediction Today: Daily (BTC) Value Forecast – July 18
- On the downside, if the bears break the $9,400 price level, the BTC price may fall to the low of either $8,500 or $9,000 price level.
- On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 resistance level.
BTC/USD Medium-term Trend: Bearish
- Resistance Levels: $10,000, $10, 200 ¸ $10,400
- Support levels: $9,000, $8,800, $8, 600
Yesterday, July 17, the price of Bitcoin was in the bearish trend zone. Yesterday, the price of Bitcoin was hovering above the $ 9,400 price level. For the past three days, the price level had been stable above $9,400. On the downside, if the bears break the $9,400 price level, the BTC price may fall to the low of either $8,500 or $9,000 price level.
The crypto’s price is below the 12-day EMA and the 26-day EMA, and this indicates that price may still fall. On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 resistance level. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.
BTC/USD Short-term Trend: Bearish
On the 1-hour chart, the BTC price is in a downward trend. The 12-day EMA and the 26-day EMA were trending horizontally indicating that in the last three days the price of Bitcoin has been fluctuating below the $9,600 price level.
In the lower time frames the two horizontal lines were characterized by small body candlesticks like the Doji and the Spinning tops. Meanwhile, the MACD line and the signal line are below the zero line which indicates is a sell signal.
Bitcoin’s price is $57,003.44 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 $27 Billion and live coin value change of BTC 4.30 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$57,003.4359 change ~ 4.30%
Today's Latest Bitcoin Price Analysis, Chart Forecasts and Industry News
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.