Bitcoin Price Prediction

Bitcoin-Dominance-at-a-2019-High
  • The BTC price is trading at $5,627.50 as at the time of writing.
  • If the bulls break the $5,655 price level, the crypto’s price will pick up momentum and reach the highs of $5,700 and $5,800.

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Bitcoin Price Prediction

Resistance Levels: $6,800, $6,900, $7,000
Support levels: $5,300, $5,200, $5, 100

Bitcoin Price Prediction yesterday, April 30, the price of Bitcoin was in a bullish trend zone and the bulls reached the high of $5,612. Today, the BTC price is still hovering around the price of $5,655. This is the critical resistance level where the bulls have been resisted. If the bulls break the $5,655 price level, the Bitcoin Price Prediction will pick up momentum and reach the highs of $5,700 and $5,800.

On the other hand, if the bulls fail to break the $5,655 price level, the crypto’s price will fall again to the $5,400 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The BTC price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the Bitcoin Price Prediction is in a bullish trend zone. The 12-day EMA and the 26-day EMA are pointing northward indicating that price is in a bullish trend. Today, the BTC price tested the resistance level of $5,655 and commenced a range bound movement below the resistance level. The BTC price is now ranging below the $5,640 resistance level with small body indecisive candlesticks.

Today, the price is ranging at $5,619.40, $5,620.60 and $5,618.10 below the $5,640 resistance level. The MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

Bitcoin Price Prediction Live Bitcoin (BTC) Price:

1 BTC/USD =$5,363.94 change ~ 0.48%

Coin Market Cap

$93.83 Billion

24 Hour Volume

$3.93 Billion

24 Hour VWAP

$5.31 K

24 Hour Change

$ 25.7700

The views and opinions expressed here do not reflect that of Alphaprime Finance Blog and do not constitute financial advice. Always do your own research.

Disclosure: Opportunistic fraudsters are taking advantage of this market, offering investments in cryptocurrencies and doing everything they can to defraud unsuspecting victims, Anyone who invests in cryptocurrencies should thoroughly research the company they are choosing to invest with to avoid scams.

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Categories: Analysis

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