Bitcoin Price Analysis for Today
Today, Bitcoin ($BTC ) opened at $119,173. It has increased by 0.68% from the opening price. After a drop to $119,083, it is attempting to rise. Its value has decreased by 2.45% compared to the maximum price over the last 30 and 7 days, and has increased by 21.92% and 8.44% compared to the minimum price recorded over the same period.
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.
