- On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 price level.
- The BTC price is trading at $10,100 as at the time of writing.
BTC/USD Medium-term Trend: Ranging
- Resistance Levels: $10,000, $10, 200 ¸ $10,400
- Support levels: $9,000, $8,800, $8, 600
Yesterday, July 30, the BTC price was in a bullish trend as it broke the 12-day EMA and it is approaching the 26-day EMA. The support level of $9,000 was tested as the bulls made an upward move and broke the 12-day EMA.
The BTC price is trading at $10,100 as at the time of writing. On the upside, if the bulls break above the EMAs, the crypto’s price will rise and retest the $13,000 price level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.
BTC/USD Short-term Trend: Bullish
On the 1-hour chart, the BTC price is in a bullish trend. The crypto’s price is making a series of higher highs and higher lows. The BTC price is expected to rise because it is above the 12-day EMA and 26-day EMA.
Meanwhile, the MACD line and the signal line are below the zero line which indicates is a buy signal. The BTC price has risen and it is facing resistance at the $10,100 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
Bitcoin’s price is $10,051.90 BTC/USD exchange rate today. The real-time BTC market cap of $179.42 Billion currently ranks #1 with a chart dominance at 64.73%, daily trading volume of $5.64 Billion and live coin value change of BTC 4.87 in the last 24 hours.
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