🚨$BTC Price Prediction For the Next Week🚨
BITCOIN
The top cryptocurrency, Bitcoin, traded in a narrow range between $47,705 and $50,540 for a while. Then, the buyers saw a 9.35% increase. But, the price got rejected at $52,853 and stayed flat for twelve days. With growing market ups and downs, BTC surged by 27% in just two days.
After staying stable for five days, BTC rose by 11.33%, hitting a new all-time high (ATH). Then, the buyers lost steam, leading to a more than 10% drop. However, they quickly recovered, causing a rebound in the chart.
The Moving Average Convergence Divergence (MACD) shows a consistent flat line, indicating a neutral trend for the coin in the crypto market. Similarly, the averages also show uncertainty about future price movements.
If the buyers keep the price above the support level of $68,296, it will likely continue gaining momentum and aim to test its upper level of $72,000 in the coming week. However, a negative trend reversal could push the price down toward its support level of $64,287.
