Bitcoin price (BTCUSD) declines again – Forecast today - 16-04-2024
Economies.com
2024-04-16 05:38AM UTC
Bitcoin Price Analysis
Bitcoin price (BTCUSD) settles around $63,300.00 after the decline that it witnessed in the previous sessions, falling under negative pressure formed by the EMA50, to support the chances of achieving additional bearish correction, targeting testing $60,252.85 as a next station. Noting that breaking this level will push the price to suffer additional losses that reach $56,100.00.
- Bearish bias suggested: Unless the price rallied to breach $65,390.00 and hold above it.
- Expected trading range for today: Between $61,000.00 support and $65,000.00 resistance.
- Trend forecast: Bearish
Cryptocurrency Technical Analysis
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 $60,000 barrier holds fast
2024-05-13 13:16PM UTC
Bitcoin rose over 2.5% on Monday, extending gains for the third straight session, as the important ...
Cryptocurrency
Bitcoin moves higher as US stocks log in gains
2024-05-10 13:29PM UTC
Bitcoin rose on Friday on track for the second straight day, almost hitting two-week highs as risk ...
Cryptocurrency Technical Analysis
Cryptocurrency
Ethereum price (ETHUSD) attempts to recover – Forecast today - 16-05-2024
2024-05-16 04:12AM UTC
Ethereum Price Analysis Expected Scenario Ethereum price (ETHUSD) settles above the ...
Cryptocurrency
End of day Ethereum price (ETHUSD) forecast update - 15-05-2024
2024-05-15 17:43PM UTC
Ethereum price (ETHUSD) trades positively to breach 2960.00$ level and settles above it, to hint ...
Cryptocurrency
End of day Bitcoin price (BTCUSD) forecast update - 15-05-2024
2024-05-15 17:43PM UTC
Bitcoin price (BTCUSD) rallies upwards strongly to reach the key resistance 65390.00$ now, which ...