Bitcoin

April

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Buyers could not seize the initiative on the last day of the week, according to <a href="https://u.today/xrp-price-prediction-for-april-13" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="6869f8f2-d24b-4de8-a04b-bdc7b81d2eb5" src="https://u.today/sites/default/files/inline-images/top10_1054.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The rate of Bitcoin (BTC) has declined by 5.34% since yesterday. Over the last week, the price has fallen by 7.64%. <img data-entity-type="file" data-entity-uuid="62ab044e-7f6c-443b-a16a-771c4c975466" src="https://u.today/sites/default/files/inline-images/btc1_186.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of BTC has bounced off the local resistance level of $64,911. If the drop continues, there is a high chance to see a test of the $63,000 zone tomorrow. <img data-entity-type="file" data-entity-uuid="516e6229-9c17-410c-acf3-d4f3434c7ac5" src="https://u.today/sites/default/files/inline-images/btrc2.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the rate of the main crypto is more bearish than bullish as it is trading near the support level of $60,365.
If a breakout happens, the drop may lead to a test of the $58,000 area next week. <img data-entity-type="file" data-entity-uuid="95056a9f-e853-4ddc-9910-d14fd707d29b" src="https://u.today/sites/default/files/inline-images/btc3_166.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should pay attention to the bar closure. If it happens below $64,511, the accumulated energy might be enough for a continued decline to the $55,000-$60,000 range. Such a scenario is relevant until the end of the month.
Bitcoin is trading at $63,907 at press time.

Bitcoin (BTC) Price Prediction for April 14

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