Bitcoin Price Analysis for Today
Today, Bitcoin ($BTC ) opened at $115,987. It has increased by 1.52% compared to the opening price. After falling to $115,334, it is trying to rise. From the maximum price over the last 30 and 7 days, it has increased by 5.30%, and from the minimum price over the same period — by 19.65% and 9.75%.
If the price falls, the first support level to watch will be $111,909. If this level does not hold, further decline may occur to the next support level at $108,143.
The exponential moving averages (EMA) on the daily chart indicate a bullish signal. Bitcoin is currently above the 10-, 20-, 50-, 100-, and 200-day EMAs.