Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – June 13
- The 0.382 (38.2%) and 0.236 (23.6%) Fib. retracement levels are continuation zone for the Fibonacci tool.
- On the upside, the BTC price will rise if the price is sustained above the EMAs and more buyers are introduced at the upper price level.
BTC/USD Medium-term Trend: Bullish
- Resistance Levels: $8,500, $9,000 ¸ $9,500
- Support levels: $7,500, $7,000, $6, 500
Yesterday, June 12, the price of Bitcoin was in the bullish trend zone. The bulls have broken above the 12-day EMA and the 26-day EMA. The crypto’s price is likely to rise to retest the $9,000 overhead resistance. From the Fibonacci tool, the BTC price is in the 0.382 (38.2%) Fib. retracement level.
The 0.382 (38.2%) and 0.236 (23.6%) Fib. retracement levels are continuation zones for the Fibonacci tool. On the upside, the BTC price will rise if the price is sustained above the EMAs and more buyers are introduced at the upper price level .Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
BTC/USD Short-term Trend: Bullish
On the 1-hour chart, the BTC price is in a bullish trend. The bulls are yet to break the $9, 000 overhead resistance level. The crypto’s price is making a series of higher highs and higher lows. Yesterday, the bulls made an upward move and reached a high of $8,030 but retraced to the support of the EMAs and commenced a range bound move.
The bulls made another high of $8,191 but retraced to the support of the EMAs. This had been the scenario in recent times. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.
Bitcoin’s price is $48,751.43 BTC/USD exchange rate today. The real-time BTC market cap of $909.01 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $15.49 Billion and live coin value change of BTC 3.99 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$48,751.4309 change ~ 3.99%
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