Currencies38218
Market Cap$ 2.29T+0.31%
24h Spot Volume$ 17.69B+14.7%
DominanceBTC56.71%-0.11%ETH9.88%+0.24%
ETH Gas0.04 Gwei
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Bitcoin Price Analysis: Here’s the Most Likely BTC Scenario for Next Week


Bitcoin Price Analysis: Here’s the Most Likely BTC Scenario for Next Week

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Bitcoin continues to recover from its June capitulation but remains trapped beneath a major resistance cluster. Although buyers have managed to defend higher lows on the lower timeframe, the market is still approaching a critical confluence that could determine whether the recovery extends or transitions into another rejection.

BTC Price Analysis: The Daily Chart

On the daily timeframe, BTC continues to trade below the 100-day and 200-day moving averages, keeping the broader trend tilted to the downside.

Read the article at CryptoPotato

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$ 64.69K

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Coins

$ 64.69K

+0.10%

$ 0.00164

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Read More

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