*Bitcoin Price Prediction for the Next 2 Hours*
Based on the latest Bitcoin price prediction, here are some points to consider ¹:
- *Current Price*: The latest price for one Bitcoin/BTC coin is $66,910.
- *Short-term Forecast*: The first major uptrend resistance for BTC is at the $68,743 level, it needs to close above that level to continue to move higher.
- *Support Level*: The bottom support sits at $66,798. So if the price falls below $66,798, we may see the price go even lower.
- *Bullish Signal*: On the daily chart, exponential moving averages show a bullish signal. Bitcoin price currently sits above all 10,20,50,100, and 200-day EMAs.
- *Overbought Conditions*: The 14-day relative strength index (RSI) is currently at 77.99, indicating overbought conditions, overbought signals that price can drop in the near term.
Please note that cryptocurrency prices are highly volatile and subject to rapid fluctuations.$BTC