BTC Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| 1.62% | -4.11% | -9.36% | 112.55% | 1,082.08 bn | 18.17 bn |
Bitcoin (BTCUSDT) price over 7 days dropped -4.11% to 55,164.00 . For the record, BTCUSDT is -25.40% below all-time high of 73,738.00.
Over the last 30 days, BTC is down by -9.36% while 12-month period is up by 112.55%.
For the new week, our technical outlook looks uncertain as Bitcoin is not performing well over the last 7 days.
What can we expect from Bitcoin today?
At time of writing, however, Bitcoin has increased by 1.62% over the past 24 hours. Our daily analysis is that the price action looks mixed.
Looking ahead on Monday, immediate upside resistance level at 55,813.15 (R1) with break above could target 56,462.30 (R2), while on the downside we are looking at 54,071.93 (S1) or daily low of 53,629.01 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 52,979.86 (S2).
Key levels to watch out:
| R3 | 57,554.37 |
| R2 | 56,462.30 |
| R1 | 55,813.15 |
| Daily Pivot | 54,721.08 |
| S1 | 54,071.93 |
| S2 | 52,979.86 |
| S3 | 52,330.71 |
