Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – June 25
BTC/USD Medium-term Trend: Bullish
- Resistance Levels: $11,000, $11,500 ¸ $12,000
- Support levels: $10,500, $10,000, $9, 500
Yesterday, June 24, the bulls broke the $11,000 resistance level and continue its upward move. The 12-day EMA and the 26-day EMA are trending northward indicating that price is in an uptrend. On June 22, the BTC price was resisted at the $11,200 price level and the price fell to the support of $10800 price level.
On June 23, the bulls were resisted at $11,200 price level and the crypto’s price fell to the support of the 12-day EMA. The BTC market is now in an upward move above the $11,200 price level. From the Fibonacci tool, the crypto’s price is trading at the 0.236 Fib. retracement level. This is one of the continuation zones of Fib. retracement level where prices tend to rise. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.
BTC/USD Short-term Trend: Ranging
On the 1-hour chart, the BTC price is still trading below the $11,200 price level. On June 22, the bulls were resisted at the $11,200 price level. The crypto’s price retraced to the support of $10,600 price level. The bulls have pulled back price above the EMAs.
Today, the crypto’s price is making an upward move to retest or break the $11, 200 price level. On the upside, if the bulls break the $11,200 resistance level, the market will reach a high of $12,000. Meanwhile, the MACD line and the signal line are above the zero line which indicates is a buy signal.
Bitcoin’s price is $54,441.94 BTC/USD exchange rate today. The real-time BTC market cap of $1.02 Trillion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $20.25 Billion and live coin value change of BTC -4.56 in the last 24 hours.
Live Bitcoin (BTC) Price:
1 BTC/USD =$54,441.9363 change ~ -4.56%
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