Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 23
- On the downside, if the bearish pressure continues, the price may likely fall to the low of $9,000 or $9,400 price level.
- The crypto's price is below the EMAs as the price fell to a low of $9900.
BTC/USD Medium-term Trend: Ranging
- Resistance Levels: $10,000, $10, 200 ¸ $10,400
- Support levels: $9,000, $8,800, $8, 600
Yesterday, July 22, the price of Bitcoin was resisted at the 12-day EMA and the 26-day EMA. If the bulls had broken above the EMAs, the crypto’s price will rise and retest the $13,000 resistance level. Now the BTC price is below the EMAs which indicates that the price of Bitcoin is likely to fall. On the downside, if the bearish pressure continues, the price may likely fall to the low of $9,000 or $9,400 price level.
From the chart, the 12-day EMA and the 26-day EMA are horizontally flat like a single line. This indicates that the BTC price will be in a range-bound move. The coin will fall either to the low of $9,000 or $ 9.400 price level, then fluctuates below the EMAs but above the $9,400 price 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 was in a bearish trend. The 12-day EMA and the 26-day EMA are sloping smoothly and southwardly. The crypto's price is below the EMAs as the price fell to a low of $9900. The $9,900 support level is holding as the bulls made an upward move towards the EMAs. Meanwhile, the MACD line and the signal line are below the zero line which indicates is a sell signal.
Bitcoin’s price is $37,413.87 BTC/USD exchange rate today. The real-time BTC market cap of $701.05 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $24.77 Billion and live coin value change of BTC -3.40 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$37,413.8705 change ~ -3.40%
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