Bitcoin

Bitcoin (BTC) Daily Price Forecast – July 23

BTC/USD Medium-term Trend: Bullish

Resistance levels: $7,400, $7,500, $7,600 Support levels: $7,200, $7,100, $7,000

Yesterday, the price of Bitcoin was in a sideways trend after the bullish movement. The cryptocurrency made a bullish movement to the high of $7,313.41 and later Bitcoin price commenced a range bound movement. Presently, the price of Bitcoin is consolidating at a price of $7,338.24.

However, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing. The relative strength index period 14 is level 50 which indicates that the price of Bitcoin is in the sideways trend zone.

Bitcoin (BTC) Daily Price Forecast – July 23

Bitcoin (BTC) Daily Price Forecast – July 23

BTC/USD Short-term Trend: Ranging

Bitcoin (BTC) Daily Price Forecast – July 23

On the 1-hour chart, the price of Bitcoin is in a sideways trend. The price of Bitcoin is trading on a horizontal pattern. The MACD line and the signal line are above the zero line which indicate a buy signal. Nevertheless, the price bars of Bitcoin are neither above nor below the exponential moving averages which indicate that the Bitcoin price is in a sideways trend.

Add comment

Security code
Refresh

Bitcoin (USD) Price

Форекс онлайн

Subscription

Forex Forecast

© 2014-2018 ForexCrypto.top, Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, or any kind of trading you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance. ForexCrypto.top is an affiliate partner with various brokers and may be compensated for referred Traders. All reviews remain unbiased and objective and immediate action will be taken against any broker which is found to be in breach of regulation. These partnerships have proven to be great aids in the furthering communication between brokers and our visitors. Only the NFA regulated brokers featured on this site are available to U.S. customers. Forex

Search