Category: Crypto News, News
Bitcoin (BTC) Price Prediction for May 30 — TradingView News
There are no reversal signals on the market yet, according to CoinStats.CoinStats”>
The rate of Bitcoin 
BTCUSD has dropped by 2.64% since yesterday.TradingView”>
On the hourly chart, the price of BTC is rising after a false breakout of the local support of $104,688. If bulls can hold the gained initiative, one can expect a test of the resistance level of $106,207 by tomorrow.TradingView”>
On the bigger time frame, the rate of the main crypto has made a false breakout of yesterday’s bar’s low.
If the candle closes far from that level, buyers may seize the initiative, which may lead to a bounce back to the $107,000 mark.TradingView”>
From the midterm point of view, the rate of BTC has once again made a false breakout of the resistance of $109,356. If the candle closes around current prices or below, traders may witness a test of the $100,000 range shortly.
Bitcoin is trading at $105,658 at press time.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article: