Category: Crypto News, News
Bitcoin (BTC) Price Prediction for June 7 — TradingView News
The weekend has started with overall market growth, according to CoinStats.CoinStats”>
The price of Bitcoin 
BTCUSD has increased by 1.44% over the last 24 hours.TradingView”>
On the hourly chart, the rate of the main crypto is near the local resistance of $105,718.
If a breakout happens, there is a chance of a test of the $106,000-$107,000 area shortly.TradingView”>
On the bigger time frame, the picture is also bullish. If buyers can bring the price of BTC above the $106,329 level, the accumulated energy might be enough for a move to the $108,000 zone.TradingView”>
From the midterm point of view, the rate of BTC has made a false breakout of the resistance of $100,764. However, buyers might need more time for further growth. In this regard, sideways trading in the range of $104,000-$108,000 is the more likely scenario.
Bitcoin is trading at $105,550 at press time.
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