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Bitcoin (BTC) Price Prediction for June 30
As the cryptocurrency market continues to see significant fluctuations in prices, investors are increasingly seeking reliable price predictions from reputable sources. According to recent data, the current price of Bitcoin (BTC) is trading at $107,332.
The analysis suggests that the crypto market remains bullish, but some assets have seen a decline in value since yesterday. In this context, an examination of BTC’s chart provides crucial insights for traders and investors.
According to CoinStats, the hourly chart shows that the price of Bitcoin has broken its support of $107,500. While there are low chances of seeing sharp moves by the end of the day, the accumulated energy could see a test of the $106,000 area soon.
Furthermore, a midterm view reveals traders should pay attention to the previous bar’s peak. If the weekly candle closes above the $109,000 mark, a potential test of the $112,000 resistance is on the horizon.
Based on this data, we can predict that Bitcoin (BTC) may see a correction in the next trading session with a target below $107,200 or potentially rise to test the resistance level at around $112,000.
Source: u.today
