Bitcoin Price Prediction – July 28
The Bitcoin (BTC) is recovering from the recent low of $38,803 but bulls may have trouble taking the market price above $41,000.
BTC/USD Long-term Trend: Bearish (Daily Chart)
Resistance Levels: $44,000, $46,000, $48,000
Support Levels: $36,000, $34,000, $32,000
At the time of writing, BTC/USD is trading up by 1.71% at its current price of $40,145. This is the spot where the coin has traded a couple of days ago, with the buying pressure seen in the $40,500 region proving significant. Moreover, where the coin may go next could depend on whether or not bulls can break above the upper boundary of the channel.
Bitcoin Price Prediction: Bitcoin (BTC) May Accelerates Above $40?
As the Bitcoin price touches the daily high of $40,925, it is important for bulls to remains around this level, otherwise, there may … Read more