The cryptocurrency market is expected to experience fluctuations in the next 24 hours, with Bitcoin $BTC potentially trading between $98,811 and $99,449. Here's a breakdown of what you can expect:
Bitcoin (BTC) Price Prediction: BTC is expected to trade around $99,123 tomorrow, with a potential price range of $96,757 to $97,574.
Resistance Levels: The first major resistance level for BTC is at $99,449. If the price breaks above this level, the next resistance levels to watch out for are $103,491 and $106,202.
Support Levels: The bottom support sits at $94,381. If the price falls below $94,381, we may see the price go even lower.
Market Sentiment:
Fear & Greed Index: 67/100, indicating greed in the market.
Sentiment Score: 54/100, suggesting a neutral market sentiment.
Technical Indicators:
Moving Averages: BTC's price is above its 10-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend.
Relative Strength Index (RSI): 68.00, indicating natural conditions in the market without being oversold or overbought
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions are based on technical indicators and historical trends, but it's essential to do your own research and consider multiple factors before making investment decisions.