• Sun. Nov 3rd, 2024

Bitcoin price increased by 3.07% over the past 24 hours.

btc 3

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BTC Analysis

Overall Performance
24-hr 7-Day 30-Day 1-Year Mkt Cap. 24-hr Vol.
3.07% 7.37% 10.30% 109.35% 1,429.26 bn 64.23 bn

Bitcoin (BTCUSDT) price over 7 days gained 7.37% to 72,065.00 . For the record, BTCUSDT is -1.97% below all-time high of 73,738.00.

Over the last 30 days, BTC is up by 10.30% while 12-month period is up by 109.35%.

For the week, our technical outlook seems stronger towards the upside as Bitcoin is up over the last 7 days.

What can we expect from Bitcoin today?

At time of writing, Bitcoin has increased by 3.07% over the past 24 hours. Our daily analysis is that traders are more interested in accumulating BTC than selling.

Looking ahead for the day, immediate upside resistance level at 73,840.08 (R1) with break above could target 75,615.16 (R2), while on the downside we are looking at 70,069.96 (S1) or daily low of 69,850.00 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 68,074.92 (S2).

Key levels to watch out:

R3 77,610.20
R2 75,615.16
R1 73,840.08
Daily Pivot 71,845.04
S1 70,069.96
S2 68,074.92
S3 66,299.84