Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – July 30

  • The  BTC price had been fluctuating below the $10,000 bench mark and above the $9,400 price level.
  • The BTC price  may further depreciates to the lows of $7,500 and $8,000 if the bears break below $9,000.

BTC/USD Medium-term Trend: Ranging

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

Yesterday, July 29, the price of Bitcoin was ranging below the 12-day EMA and 26-day EMA. The crypto’s price is below the EMAs which indicate that price is likely to fall. In the last one week, the BTC price had been fluctuating below the $10,000 bench mark and above the $9,400 price level.

However, if the price fluctuates and the bears break below the $9,000 support level, the BTC price  may further depreciates to the lows of $7,500 and $8,000. 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 $10,793.33 BTC/USD exchange rate today. The real-time BTC market cap of $199.73 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $3.37 Billion and live coin value change of BTC -0.21 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$10,793.3329 change ~ -0.21%

Coin Market Cap

$199.73 Billion

24 Hour Volume

$3.37 Billion

24 Hour VWAP

$10.76 K

24 Hour Change

$-23.0820

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

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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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