Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 3
- The market reached a high of $13,000 but was resisted.
- On the upside, the BTC price will reach a high of $12,500 and $13,000.
BTC/USD Medium-term Trend: Bullish
- Resistance Levels: $12,000, $12, 200 ¸ $12,400
- Support levels: $10600, $10,400, $10, 200
Yesterday, July 2, the price of Bitcoin rose from its low at $10,045 price level. The BTC price is making a series of higher highs and higher lows. The market reached a high of $13,000 but was resisted. The BTC market had a downward correction to the support of the 12-day EMA. The Bulls make an upward move to reach the high of $12,338.
The bears pulled below the 12-day EMA to the support of the 26-day EMA. The BTC price is now in a smooth uptrend. The coin is above the 12-day EMA and the 26-day EMA which indicates that the price of Bitcoin is likely to continue its upward move. On the upside, the BTC price will reach a high of $12,500 and $13,000. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.
BTC/USD Short-term Trend: Bullish
On the 1-hour chart, the BTC price is in a bullish trend. A bullish trend line has been drawn showing the support levels of price where traders can initiate long trades. The 12-day EMA and the 26-day EMA are trending northward. Traders should look out for a buy order to initiate long orders. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.
Bitcoin’s price is $49,699.89 BTC/USD exchange rate today. The real-time BTC market cap of $929.91 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $25.92 Billion and live coin value change of BTC 0.99 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$49,699.8906 change ~ 0.99%
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.