💥🔥Bitcoin (BTC) Price Prediction🔥💥
According to CoinCodex current Bitcoin price prediction, the price of Bitcoin is predicted to rise by '27.86%' and reach $89,501 by April 25, 2024. Per our technical indicators, the current sentiment is 'Bullish' while the Fear & Greed Index is showing '81 (Extreme Greed)'. Bitcoin recorded '19/30 (63%)' green days with 7.74% price volatility over the last 30 days. Based on the Bitcoin forecast, it's now a good time to 'buy Bitcoin'.
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Based on CoinCodex technical indicators, Bitcoin's 200-day SMA will rise in the next month and will hit $50,175 by Apr 25, 2024. Bitcoin's short-term 50-Day SMA is estimated to hit $75,708 by Apr 25, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 59.49, which indicates that the BTC market is in a neutral position.
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~Source: CoinCodex
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