• Today, the BTC price is trading at $9,774 as at the time of writing.
• On the upside, the bulls will overcome resistance levels, if more buyers are introduced at the upper price levels.

BTC/USD Medium-term Trend: Bullish

• Resistance Levels: $9,700, $9,800 ,$9,900
• Support levels: $9,500, $9,400, $9, 400

Yesterday, June 20, the BTC price was in the bullish trend zone. Yesterday, the bulls have broken the $9,400 overhead resistance. The crypto had been battling to jump over the $9,400 resistance level since June 17. Today, the BTC price is trading at $9,774 as at the time of writing. The market is expected to reach the $10,000 price level.

From the Fibonacci retracement level, the BTC market is trading above the 0.236 and 0.382 Fib. retracement levels. These are continuation zones for a trending market. The BTC coin is expected to break the $9,400 resistance level. On the upside, the bulls will overcome resistance levels, if more buyers are introduced at the upper price levels. 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 smooth uptrend. The BTC market is making a series of higher highs and higher lows. The bulls have succeeded in breaking the $9,400 resistance levels. For the crypto to rise at price level is that we have more buyers than sellers at the upper price levels. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.

Bitcoin’s price is $48,727.50 BTC/USD exchange rate today. The real-time BTC market cap of $908.56 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $16.76 Billion and live coin value change of BTC 4.32 in the last 24 hours.

Today's Latest Bitcoin Price Analysis, Chart Forecasts and Industry News

	06:29 PM	Bitcoin Users On-Chain Growing at “Insane Rates,” Majorit...
	03:58 PM	Grayscale Bitcoin Trust (GBTC) Discount Signals A March t...
	05:32 PM	61% Institutional Investors Expect their Crypto Asset Hol...
	01:31 PM	The Treasury Sell-Off Is Weighing on Bitcoin, Gold, and t...
	01:14 PM	Bitcoin Remains Range-Bound But Kraken CEO says, $1 Milli...
	01:09 PM	Bitcoin Bulls Take Charge as Whales Accumulate
	01:32 PM	Bitcoin Enters Consolidation Phase, More Losses Are Not O...
	01:32 PM	Bitcoin Sellers Are Running Out of Ammo; Sees Green Start...
	04:54 PM	Bitcoin Sell-Off Over? Bullishness Continues to Permeate ...
	02:01 PM	Jittery Macro Affecting Crypto But US Institutional Inves...

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