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 $45,007.10 BTC/USD exchange rate today. The real-time BTC market cap of $842.18 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $42.57 Billion and live coin value change of BTC -8.15 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$45,007.1003 change ~ -8.15%
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.