Bitcoin price (BTCUSD) consolidates below the resistance – Forecast today - 22-04-2024
Economies.com
2024-04-22 03:49AM UTC
Bitcoin Price Analysis (BTCUSD)
Expected Scenario
- Bitcoin price (BTCUSD) fluctuates around the 65391.75$ level and consolidates well below it, suggesting a bearish rebound to resume the correctional bearish trend and head to visit the 60252.85$ areas as the next main station.
- Therefore, the bearish bias will be expected for today, and breaking below 64240.00$ will reinforce the expectations of a decline in the upcoming sessions. However, it's worth noting that breaching above 65391.75$ will stop the bearish trend and lead the price to turn upwards, attempting to regain the main bullish trend again.
Expected Trading Range
Between the support at 62500.00$ and the resistance at 66200.00$
Trend Forecast: Bearish
Cryptocurrency Technical Analysis
Cryptocurrency
Ethereum declines as markets process US inflation data
2024-05-16 20:06PM UTC
Most cryptocurrencies lost ground on Thursday as markets processed the latest US inflation data, ...
Cryptocurrency
Bitcoin slides ahead of Powell's remarks
2024-05-14 13:25PM UTC
Bitcoin lost over 2.5% on Tuesday, trending lower for the first time in four days amid risk ...
Cryptocurrency
Bitcoin climbs over 2.5% as the $60,000 barrier holds fast
2024-05-13 13:16PM UTC
Bitcoin rose over 2.5% on Monday, extending gains for the third straight session, as the important ...
Cryptocurrency Technical Analysis
Cryptocurrency
Ethereum price (ETHUSD) forecast update - 17-05-2024
2024-05-17 09:10AM UTC
Ethereum (ETHUSD) Price Analysis Expected Scenario Ethereum price (ETHUSD) rallies ...
Cryptocurrency
Bitcoin price (BTCUSD) forecast update - 17-05-2024
2024-05-17 09:10AM UTC
Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) resumes its ...
Cryptocurrency
Ethereum price (ETHUSD) tests the support – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for Ethereum (ETHUSD) Expected Scenario Ethereum price (ETHUSD) shows some ...