Bitcoin and select altcoins have turned down from their respective overhead resistance levels, indicating a range-bound action in the short term.
and select altcoins looks positive, market participants should stay cautious due to the uncertainty regarding macroeconomic issues. The crypto markets are likely to be influenced by the United States inflation figures and the Federal Reserve’s monetary action over the next few weeks.
What are the important near-term support levels on Bitcoin and altcoins that need to hold for the recovery to continue? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin broke and closed above the $31,000 level on July 3, but the bulls could not build upon this strength. This suggests that the bears have not yet given up.The 20-day exponential moving average of $29,673 is the important level to watch out for on the downside.
That will enhance the prospects of a break above the $31,000 to $31,432 overhead zone. The BTC/USDT pair may then rise to $32,400, where the bears may again pose a strong challenge. This positive view will be negated in the near term if the price turns down and breaks below the 20-day EMA. That could sink the pair to the 50-day simple moving average of $27,849.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to Fresh 1-Year High Above $31,000 – Bitcoin NewsBitcoin moved back above the $31,000 level on July 4th, as U.S. traders celebrated the Independence Day holiday.
続きを読む »
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Lower Ahead of FOMC Meeting Minutes – Market Updates Bitcoin NewsBitcoin dropped below $31,000 on Wednesday, as markets consolidated ahead of the upcoming Federal Open Market Committee (FOMC) minutes.
続きを読む »
BlackRock Re-Files for Bitcoin Spot ETF as BTC Price Approaches 2023 HighBlackRock has refiled for a Bitcoin spot exchange-traded fund (ETF), raising the stakes in the race among financial giants
続きを読む »
Bitcoin analyst flags $32.5K launchpad zone for BTC priceBitcoin traders place bets on BTC price upside coming next after 'good consolidation.'
続きを読む »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Can BTC make it to $35,000?In case you missed it... 💸 Could BTC make it to $35,000? 📉 After 17% spike, can RIVN stock uptrend last through July? 🏛️ RBA start stop policy could it be over? Forex Crypto Stock
続きを読む »
Bitcoin (BTC) Price Analysis for July 4Can the rate of BTC get to the $32,000 zone soon? NickSzabo4 alistairmilne Maybemore_DC WhalePanda
続きを読む »