BTC Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| 7.21% | 13.29% | 10.00% | 161.70% | 1,402.38 bn | 32.74 bn |
Bitcoin (BTCUSDT) price over 7 days gained 13.29% to 71,101.36 . For the record, BTCUSDT is -3.50% below all-time high of 73,738.00.
Over the last 30 days, BTC is up by 10.00% while 12-month period is up by 161.70%.
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 7.21% 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 73,366.80 (R1) with break above could target 75,632.25 (R2), while on the downside we are looking at 67,448.11 (S1) or daily low of 66,060.31 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 63,794.87 (S2).
Key levels to watch out:
| R3 | 79,285.49 |
| R2 | 75,632.25 |
| R1 | 73,366.80 |
| Daily Pivot | 69,713.56 |
| S1 | 67,448.11 |
| S2 | 63,794.87 |
| S3 | 61,529.42 |
