Bitcoin price (BTCUSD) hits the target – Forecast today - 18-04-2024
Economies.com
2024-04-18 04:08AM UTC
Price Analysis: Bitcoin (BTCUSD)
Expected Scenario
- The Bitcoin price (BTCUSD) rebounds bullishly after finding solid support at 60252.85$, heading towards achieving expected gains in the upcoming sessions, mainly targeting testing 65391.74$ areas.
- Therefore, a bullish bias is suggested for today, supported by the positive overlapping signal provided by stochastic now. Note that breaking 60252.85$ will stop the expected rise and push the price to achieve new bearish correction targeting 56100.00$ areas as the next main station.
Expected Outcome
The expected trading range for today is between 60500.00$ support and 64500.00$ resistance.
Trend Forecast: Bullish
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