• Sun. Jul 14th, 2024

Bitcoin price increased by 1.68% over the past 24 hours.


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BTC Analysis

Overall Performance
24-hr 7-Day 30-Day 1-Year Mkt Cap. 24-hr Vol.
1.68% -3.77% 8.70% 163.90% 1,346.98 bn 36.45 bn

Bitcoin (BTCUSDT) price over 7 days dropped -3.77% to 68,283.99 . For the record, BTCUSDT is -7.61% below all-time high of 73,738.00.

Over the last 30 days, BTC is up by 8.70% while 12-month period is up by 163.90%.

For the 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 1.68% over the past 24 hours. Our daily analysis is that the price action looks mixed.

Looking ahead for the day, immediate upside resistance level at 69,886.99 (R1) with break above could target 71,490.00 (R2), while on the downside we are looking at 66,792.99 (S1) or daily low of 66,905.00 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 65,302.00 (S2).

Key levels to watch out:

R3 72,980.99
R2 71,490.00
R1 69,886.99
Daily Pivot 68,396.00
S1 66,792.99
S2 65,302.00
S3 63,698.99
On Key

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