Category: Crypto News, News

Bitcoin (BTC) Price Prediction for July 30 — TradingView News

The middle of the week is dominated by sellers, according to CoinStats.CoinStats  “>

BTCUSD

The price of Bitcoin BTCUSD has gone down by 0.75% over the last day.TradingView”>

On the hourly chart, the rate of BTC is about to break the local support of $117,421. If it happens, the ongoing drop may lead to a test of the $117,000 mark shortly.TradingView”>

On the longer time frame, the price of the main crypto is far from the support and resistance level. However, if the daily bar closes below the $117,000 zone, there is a high possibility of a continued decline to the $115,000-$116,000 range.TradingView”>

From the midterm point of view, buyers have failed to keep rising after the previous bullish closure. 

If nothing changes by the end of the week, traders can expect a test of the $112,000 support soon.

Bitcoin is trading at $117,474 at press time.

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