Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 29


  • On July 16, the downward trend was corrected at the support of the $9,400 price level.
  • On the upside, if the bulls break the EMAs, the coin will resume another bullish trend to retest the $13,000 overhead resistance.

BTC/USD Medium-term Trend: Ranging

  • Resistance Levels: $10,000, $10, 200 $10,400
  • Support levels: $9,000, $8,800, $8, 600

Last week the BTC/USD pair was trading in the bearish trend zone after the $13,000 overhead resistance. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. On July 16, the downward trend was corrected at the support of the $9,400 price level. On July 17, the bulls made an upward move to break above the EMAs but were resisted.

The price fell to the previous low of $9,400. The previous low of $9,400 was well supported as the bulls made another attempt at the 12-day EMA and the 26-day EMA. On the upside, if the bulls break the EMAs, the coin will resume another bullish trend to retest the $13,000 overhead resistance. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

BTC/USD Short-term Trend: Ranging

On the 1-hour chart, the BTC price is in a sideways trend. After the downward trend correction, the BTC market fell to a low of $9,400 price level. On July 27, this previous low was revisited after the resistance at the $10,100 price level.

The price was resisted and it fell to the previous low of $9,400. The coin is now ranging above the $9,400 price level for a possible bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates is a buy signal.

Bitcoin’s price is $45,409.26 BTC/USD exchange rate today. The real-time BTC market cap of $849.74 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $32.99 Billion and live coin value change of BTC 0.41 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$45,409.2629 change ~ 0.41%

Coin Market Cap

$849.74 Billion

24 Hour Volume

$32.99 Billion

24 Hour VWAP

$44.52 K

24 Hour Change

$187.44

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

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.

1 comment

by Newest
by Best by Newest by Oldest
Bitcoin Exchange Guide