Bitcoin (BTC) Price Prediction for the Coming Days đ
Currently, the price of Bitcoin (BTC) is at $61,026.02. Analyzing the technical indicators and the recent market behavior, we can identify the following key levels:
Major Resistance: $61,243.99
Major Support: $60,242.00
Technical Analysis:
RSI 53.11
MACD: It shows an uptrend, suggesting a possible increase in the price.
Moving Averages: The 7-day moving average is at $58,521.21, while the 25-day moving average is at $63,504.48.
Prediction:
If BTC manages to break above the resistance of $61,243.99 with significant volume, we could see a bullish move towards higher levels. However, if the price falls below the support at 60,242.00 USD, we could expect a correction towards lower levels.
If you liked this analysis, give it a thumbs up! đ And don't hesitate to comment with your questions or opinions below. đ©