BTC Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| -4.07% | 1.24% | 1.07% | 98.98% | 1,155.43 bn | 21.90 bn |
Bitcoin (BTCUSDT) price over 7 days gained 1.24% to 58,578.02 . For the record, BTCUSDT is -20.86% below all-time high of 73,738.00.
Over the last 30 days, BTC is up by 1.07% while 12-month period is up by 98.98%.
For the new week, our technical outlook suggests price consolidation while Bitcoin is up over the last 7 days.
What can we expect from Bitcoin today?
At time of writing, however, Bitcoin has decreased by -4.07% over the past 24 hours. Our daily analysis is that the price action looks mixed.
Looking ahead on Monday, immediate support level is at 57,166.05 (S1) with break below could see further selling pressure towards 55,754.09 (S2). As the current momentum is stalling, we prefer to look at firm break of the recent daily high of 61,858.00 as a possible indicator of buying interest. Break above could target 63,269.97. Rejection from the resistance level could suggest price consolidation.
Key levels to watch out:
| R3 | 64,681.93 |
| R2 | 63,269.97 |
| R1 | 60,923.99 |
| Daily Pivot | 59,512.03 |
| S1 | 57,166.05 |
| S2 | 55,754.09 |
| S3 | 53,408.11 |
