Bitcoin price (BTCUSD) forecast update - 22-04-2024

Economies.com
2024-04-22 09:11AM UTC

Bitcoin price (BTCUSD) trades with clear positivity to breach 65391.75$ and attempts to hold above it, to stop the correctional bearish scenario and head towards building expected bullish wave in the upcoming sessions, targeting 70000.00$ areas as a first positive station.

 

Therefore, the bullish bias will be expected for the rest of the day, taking into consideration that breaking 65391.75$ and holding below it will reactivate the negative scenario that its next target reaches 60252.85$.

 

The expected trading range for today is between 65000.00$ support and 68000.00$ resistance.

 

Trend forecast: Bullish

Cryptocurrency Technical Analysis

Crypto News

Cryptocurrency

Cryptocurrencies shine with positive performance ahead of US payrolls data
2024-05-02 20:05PM UTC
Most cryptocurrencies rose on Thursday as markets continue to assess the Federal Reserve’s ...
Crypto News

Cryptocurrency

Bitcoin on track for largest monthly loss since November 2022
2024-04-30 12:31PM UTC
Bitcoin fell on Tuesday to two-week lows on risk-aversion, especially after Bitcoin exchange funds ...
Crypto News

Cryptocurrency

Ethereum tumbles over 5% amid mixed risk appetite
2024-04-29 18:56PM UTC
Most cryptocurrencies fell on Monday amid mixed demand on high-risk assets ahead of the Federal ...

Cryptocurrency Technical Analysis

Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) forecast update - 03-05-2024
2024-05-03 13:56PM UTC
Ethereum price (ETHUSD) continues to rise to test the EMA50, and as long as the price is below ...
Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) forecast update - 03-05-2024
2024-05-03 13:56PM UTC
Bitcoin price (BTCUSD) continued to rise to breach 60252.85$ followed by 60825.00$ levels and ...
Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) gets negative motive – Forecast today - 03-05-2024
2024-05-03 03:38AM UTC
Ethereum Price (ETHUSD) Analysis Ethereum price (ETHUSD) shows slight positive trades, ...