Category: Crypto News, News
Bitcoin (BTC) Price Prediction for July 24 — TradingView News
The market might have entered a correction phase, according to CoinStats.CoinStats”>
The price of Bitcoin 
BTCUSD is almost unchanged since yesterday.TradingView”>
On the hourly chart, the rate of BTC is coming back to the local support of $117,465. If bulls cannot seize the initiative, one can expect a test of the $117,000 mark by tomorrow.TradingView”>
On the longer time frame, the situation is rather more bearish than bullish.
If the candle closes near the bar low, the accumulated energy might be enough for a test of the $115,226 support level.TradingView”>
From the midterm point of view, the rate of BTC has once again bounced off the resistance of $119,482. If the bar closes far from that mark, one can expect a decline to the nearest level of $112,000.
Bitcoin is trading at $118,360 at press time.
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