Bitcoin

<html>
 <head></head>
 <body>
 <figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
 </figure> 
 The rates of most of the coins keep falling, according to the <a href="https://u.today/xrp-price-analysis-for-july-15" rel="noopener noreferrer nofollow">CoinMarketCap ranking</a>. 
 <img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="1b51a085-d1fc-4bce-809d-629a0d480e38" src="https://u.today/sites/default/files/inline-images/top10_550.png"> 
 Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
 <h2 id="btc-usd">BTC/USD</h2> 
 The rate of Bitcoin (BTC) has declined by 1.35% over the past 24 hours. 
 <img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="7a1ba6fe-4f2e-4d73-88ff-1f3eb9212915" src="https://u.today/sites/default/files/inline-images/btc1_115.png"> 
 Image by <a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
 On the hourly chart, the rate of Bitcoin (BTC) has made a false breakout of the local support level at $29,736. At the moment, traders should focus on the bar closure. 
 <a href="https://u.today/aave-price-analysis-for-july-15" rel="noopener noreferrer nofollow">card</a> 
 If it happens near the resistance, there is a chance to see an impulse to the $30,200 zone and above. 
 <img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="a47a6123-4a43-4eaa-9eca-0bf072d4c729" src="https://u.today/sites/default/files/inline-images/btc2_101.png"> 
 Image by <a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
 On the daily time frame, the price of Bitcoin (BTC) is rather more bearish than bullish as the rate is on its way to testing the support level once again. If buyers cannot seize the initiative, closure below the $30,000 area may be a prerequisite for a continued fall to the $29,000 mark. 
 <img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="7d2bdde3-e1d5-4082-b089-da6c4820cd23" src="https://u.today/sites/default/files/inline-images/btc3_99.png"> 
 Image by <a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
 From the midterm point of view, is it too early to make any predictions as neither bulls nor bears have seized the initiative yet. If the situation does not change, sideways trading in the range of $29,000-$30,000 is the more likely scenario for the next few weeks. 
 Bitcoin is trading at $29,924 at press time.
 </body>
</html>

Bitcoin (BTC) Price Analysis for July 18

Spis treści

U_Today

Inne artykuły opublikowane 18 lip 2023

Xangle and Republic Crypto Form Strategic Partnership to Power Korean Enterprises’ Adoption of Web3

Bitgert (BRISE) Announces Development of P2P Exchange, Starting August 2023

Miners Unleash $2.3B on Exchanges

Binance Implements Cost-Cutting Measures as Profits Decline

Breaking News: Justin Sun Faces Charges of Covertly Acquiring Stablecoin TUSD

Bybit Unveils Zero-Fee stETH to ETH Redemption, Revolutionizing Asset Management

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!