Category: Crypto News, News
Bitcoin (BTC) Price Prediction for June 27 — TradingView News
Almost all coins from the top 10 list are in the red zone, according to CoinStats.CoinStats”>
The rate of Bitcoin 
BTCUSD has dropped by 0.44% since yesterday.TradingView”>
On the hourly chart, the price of the main crypto is testing the local support of $106,729. If it breaks out, the decline is likely to continue to the $106,000 zone on the weekend.TradingView”>
On the daily time frame, the situation is neutral as none of the sides has seized the initiative yet.
Such a statement is confirmed by falling volume, which means there are low chances of seeing sharp moves over the next few days.TradingView”>
From the midterm point of view, the situation is more positive for bulls. However, one should focus on the weekly bar’s closure. If it happens around $110,000 and with no long wick, one can expect a test of the resistance of $112,000.
Bitcoin is trading at $106,788 at press time.
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