Bitcoin price (BTCUSD) forecast update - 19-04-2024
Economies.com
2024-04-19 10:43AM UTC
Bitcoin Price (BTCUSD) Analysis
Expected Scenario
- The Bitcoin price rallied upwards clearly to test the key resistance at 65391.75$ and hinted at the attempt to return to the main bullish track.
- Technical indicators provide negative signals that might push the price to decline again, making us stay aside until we get a clearer signal for the next trend.
- We will monitor the price according to the mentioned resistance.
Expected Trading Range
Between 62000.00$ support and 66200.00$ resistance.
Trend Forecast: Neutral
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