Bitcoin Price Prediction: BTC Surges to $64,375, Eyeing $70,000 as Buying Intensifies
On Saturday morning, Bitcoin continued to command attention, with a recent price uptick to $63,375. This week, the foremost digital currency has shown resilience, registering a modest 0.22% rise. Currently positioned above a critical pivot point of $61,650, Bitcoin’s trajectory seems poised for further exploration towards $70,000. With a trading volume of around $32.77 billion in 24 hours and a market cap of almost $1.25 trillion, ongoing developments influence Bitcoin price predictions.
Bitcoin Price Prediction
On the technical front, the key price levels to watch for Bitcoin include the pivot point, which stands at $61,651. Above this level, the immediate resistance is found at $64,564, followed by further resistance levels at $67,084 and $69,356.
On the downside, the immediate support level is at $59,164. Should Bitcoin move lower, the next support levels to watch are $56,677 and $54,336.
Bitcoin’s recent activity on the 4-hour timeframe illustrates a bullish trend, marked by a crossing above the 50-day Exponential Moving Average (EMA) at $61,574, which previously acted as resistance.
Since Bitcoin ETF approval, the inflow📈 (63M) into the market by Grayscale is seen for the first time in history, making it the best news and opportunity for the market to pump📈. 🚀🚀🚀🚀🚀🚀 $BTC
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Good morning☀☀☀ Crypto Trader Family🚦. We hope everyone is doing well and all brothers😘' trading is going smoothly. This week marks a new journey in trading, and we're hopeful for a bullish market📈, providing us with exciting moves and profitable opportunities. Let's stay connected for further updates🫱🏻🫲🏽🫱🏻🫲🏽.
Hello guys! I hope everyone's trading is going well. As it's Sunday today, you know there's nothing special happening in the market. So, let's not engage in future trading on Sundays and instead spend this time with family and loved ones. Let's focus on learning during these days and perhaps explore some new learning opportunities. Thanks! $BTC #Megadrop#BinanceLaunchpool#bitcoinhalving#Memecoins#BTC
Hello, my Trader Family! I hope everyone is doing well and your trading is going smoothly. There's no need to worry,it's normal for the market to experience some fluctuations. It might show some more market crashes, but don't worry. you don't have to panic. You don't even need to sell your coins or anything that you've held for the long term. Today, I'll try to find a good setup for futures trading and share it with you. thanks 😘😘 $BTC $ETH $BNB