$BTC (1D)
Current Price $60636.00
Market Cap $11980.9 Billion
Change 1h +0.43% | 24h -2.97%
Daily Indicators:
• RSI: 47 - Neutral 🟠
• MACD: -1438 - Bearish 🔴
• EMA: 62099 - Below 🔴
Analysis:
No capitulation yet! Whales are just testing the waters while Bitcoin’s correction is still ongoing. Current support and resistance levels suggest a possible continuation of the bearish trend. The chart shows a possible break below the $50,000 mark.
Price Target:
According to chart analysis, initial support is around $50,000. If this level fails to hold, further downside targets are located near $43,500 and $37,500. On the other hand, a break above the $67,500 resistance could push the price higher to challenge $73,769 and above.
