Bitcoin price (BTCUSD) forecast update - 30-04-2024
Economies.com
2024-04-30 09:24AM UTC
Bitcoin Price (BTCUSD) Analysis
Expected Scenario
- Bitcoin price (BTCUSD) resumes its negative trading after the rise that it witnessed this morning, to start pressing on 62000.00$ barrier.
- Reinforcing the expectations of continuing the bearish trend for the rest of the day, and the way is open to achieve our next target at 60252.85$.
- Breaking the mentioned level will extend the correctional bearish wave to reach 56100.00$ areas on the near-term basis.
- The bearish trend will remain valid unless breaching 65391.75$ and holding above it.
Expected Trading Range
Between the support at 61000.00$ and the resistance at 65000.00$.
Trend Forecast: Bearish
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