Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 24
- Nevertheless, the price of Bitcoin will further depreciate, if the bears test the $9,000 price level and break it.
- The BTC price is trading at $9,637 as at the time of writing.
BTC/USD Medium-term Trend: Ranging
- Resistance Levels: $10,000, $10, 200 ¸ $10,400
- Support levels: $9,000, $8,800, $8, 600
Yesterday, July 23, the price of Bitcoin was falling after the resistance at the 12-day EMA and the 26-day EMA. On the downside, if the bearish pressure continues, the price may reach a low of $9,000 or $9,400 price level. Nevertheless, the price of Bitcoin will further depreciate, if the bears test the $9,000 price level and break it.
Meanwhile, the crypto's price is below the EMAs which indicates that price is likely to fall. 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, then fluctuates below the EMAs andthe $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 is in a bearish trend. The 12-day EMA and the 26-day EMA are sloping smoothly southward.
The crypto's price is below the EMAs as the price falls to the previous low. The BTC price is trading at $9,637 as at the time of writing. Meanwhile, the MACD line and the signal line are below the zero line which indicates is a sell signal.
Bitcoin’s price is $43,721.53 BTC/USD exchange rate today. The real-time BTC market cap of $814.13 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $17.69 Billion and live coin value change of BTC -6.64 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$43,721.5307 change ~ -6.64%
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