Bitcoin (BTC) Price Prediction for June 13
The post Bitcoin (BTC) Price Prediction for June 13 appeared on BitcoinEthereumNews.com. Bears remain more powerful than bulls today, according to CoinStats. BTC chart by CoinStats BTC/USD The price of Bitcoin (BTC) has declined by 2.63% since yesterday. Image by TradingView On the hourly chart, the rate of BTC has failed to reach the local resistance of $105,757. At the moment, the price is on its way to the middle of the channel. You Might Also Like As most of the daily ATR has been passed, there are low chances of seeing sharp moves by tomorrow. Image by TradingView From the midterm point of view, the picture is similar. None of the sides is dominating, confirming the absence of buyers or sellers’ strength. In this case, sideways trading in the range of $104,000-$106,000 is the most likely scenario. Image by TradingView From the midterm point of view, one should focus on the weekly bar’s closure. If it happens near the support of $100,764, the accumulated energy might be enough for a dump to the vital $100,000 mark. Bitcoin is trading at $104,344 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-june-13
The post Bitcoin (BTC) Price Prediction for June 13 appeared on BitcoinEthereumNews.com.
Bears remain more powerful than bulls today, according to CoinStats. BTC chart by CoinStats BTC/USD The price of Bitcoin (BTC) has declined by 2.63% since yesterday. Image by TradingView On the hourly chart, the rate of BTC has failed to reach the local resistance of $105,757. At the moment, the price is on its way to the middle of the channel. You Might Also Like As most of the daily ATR has been passed, there are low chances of seeing sharp moves by tomorrow. Image by TradingView From the midterm point of view, the picture is similar. None of the sides is dominating, confirming the absence of buyers or sellers’ strength. In this case, sideways trading in the range of $104,000-$106,000 is the most likely scenario. Image by TradingView From the midterm point of view, one should focus on the weekly bar’s closure. If it happens near the support of $100,764, the accumulated energy might be enough for a dump to the vital $100,000 mark. Bitcoin is trading at $104,344 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-june-13
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