Bitcoin is Trading -13.24% Below Our Price Prediction for Apr 19, 2024
Disclaimer: This is not fiscal investment advice. The description readily available is for basic purposes lone. No description, supplies, repairs and also other content readily available on this page constitute a solicitation, reference, endorsement, or any fiscal, fiscal investment, or other advice. Sort for maverick veteran consultation in the type of legal, fiscal, and also fiscal advice in days gone by channeling out any fiscal investment verdict.
- Bitcoin is down -5.06% today against the US Dollar
- Bitcoin is presently trading 13.24% listed underneath our prediction on Apr 19, 2024
- Bitcoin slumped -5.76% in the last month and also is up 111.59% since 1 year earlier
| Bitcoin price | $ 64,234 |
| Bitcoin prediction |
$ 74,036 (14.40%) |
| Panorama |
Bearish |
| Impressed & Greed index |
72 (Greed) |
| Pivot prove extents | $ 61,194, $ 58,132, $ 54,784 |
| Pivot resistance extents | $ 67,604, $ 70,952, $ 74,014 |
BTC price is intended to augmentation by 14.40% in the next off 5 days according to our Bitcoin price prediction
is trading at $ 64,234 after throwing away -5.06% in the last 24 hours. The coin underperformed the cryptocurrency demographic, as the finalize amount crypto demographic cap underestimated by -3.44% in unchanged time period.
According to our Bitcoin price prediction, BTC is intended to reach a price of $ 74,036 by Apr 19, 2024. This would stand for a 14.40% price augmentation for BTC in the next off 5 days.
BTC Rate Prediction Graph
Acquire/Sell Bitcoin
What possesses been going on with Bitcoin in the last 30 days
Bitcoin possesses been sporting a detrimental fad fresh, as the coin wasted -5.76% in the last 30-days. The contraption-term fad for Bitcoin possesses been bullish, with BTC boosting by 51.07% in the last 3 months. The long-term image for Bitcoin possesses been confident, as BTC is presently sporting a 111.59% 1-year price match. On this day last year, BTC was trading at $ 30,357.
Bitcoin received to its unanimously-time high price on Mar 14, 2024, as swiftly as the price of BTC peaked at $ 73,628. The existent BTC cycle high is $ 65,500, while the cycle underestimated is at $ 60,852. BTC possesses been sporting underestimated quickness fresh – the 1-month quickness of the coin is at 3.21. Bitcoin recorded 14 environment-friendly days in the last 30 days.
Bitcoin geeky analysis for today – Apr 14, 2024
The belief in the Bitcoin industries is presently Bearish, and also the Impressed & Greed index is analysis Greed. The innumerable extremely convenient prove extents to watch are $ 61,194, $ 58,132 and also $ 54,784, while $ 67,604, $ 70,952 and also $ 74,014 are the technique resistance extents.
Bearish belief for Bitcoin
13 indicators are presently signaling a bullish prediction for Bitcoin, while 16 indicators are reflecting a bearish forecast. With 55% of indicators preferring a detrimental prediction. This expire results in an on the totality Bearish belief for Bitcoin.
Crypto demographic is presently rotting Greed
Currently, the Impressed & Greed index is at 72 (Greed), which signals that capitalists have a confident snag an additional kind at on the demographic. The Impressed & Greed index is a activity of belief among cryptocurrency capitalists. A “Greed” analysis says that capitalists are presently fierce around the cryptocurrency demographic, yet can similarly be an indication that the demographic is misestimated. A “Impressed” analysis, on the other hand, signals that capitalists are presently controversial around the cryptocurrency demographic, which perhaps epitomizes a soliciting strategy.
Bitcoin sending typicals & oscillators
Permit’s snag a kind at what some of the innumerable extremely convenient geeky indicators are signaling. We’ll be going with technique sending typicals and also oscillators that will distinctly permit us to acquire a much closer tip of how Bitcoin is posed in the demographic relevant now.
| Period | Everyday Humble | Everyday Exponential | Weekly Humble | Weekly Exponential |
| MA3 | $ 66,964 (SELL) | $ 67,916 (SELL) | – | – |
| MA5 | $ 69,658 (SELL) | $ 67,968 (SELL) | – | – |
| MA10 | $ 69,445 (SELL) | $ 68,134 (SELL) | – | – |
| MA21 | $ 69,017 (SELL) | $ 67,540 (SELL) | $ 64,788 (SELL) | $ 52,144 (BUY) |
| MA50 | $ 66,043 (SELL) | $ 63,133 (BUY) | $ 43,335 (BUY) | $ 41,706 (BUY) |
| MA100 | $ 55,489 (BUY) | $ 56,268 (BUY) | $ 32,619 (BUY) | $ 35,949 (BUY) |
| MA200 | $ 45,321 (BUY) | $ 47,885 (BUY) | $ 35,008 (BUY) | $ 30,613 (BUY) |
| Period | Privilege | Reaction |
| RSI (14) | 44.21 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Speedy (14) | 31.21 | NEUTRAL |
| Asset Network Index (20) | -66.67 | NEUTRAL |
| Median Directional Index (14) | 16.36 | NEUTRAL |
| Breathtaking Oscillator (5, 34) | 1,335.95 | NEUTRAL |
| Momentum (10) | 1,759.86 | NEUTRAL |
| MACD (12, 26) | -290.45 | NEUTRAL |
| Williams Percent Hodgepodge (14) | -68.79 | NEUTRAL |
| Topmost Oscillator (7, 14, 28) | 48.98 | NEUTRAL |
| VWMA (10) | 69,007.06 | SELL |
| Hull Readjusting Median (9) | 70,572.74 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 66,832.97 | NEUTRAL |
The Loved one Potency Index (RSI 14) is a traditionally made utilise of indication that aids educate capitalists whether an asset is presently overbought or oversold. The RSI 14 for Bitcoin is at 44.21, indicating that BTC is presently neutral.
The 50-day Humble Readjusting Median (SMA 50) confiscates into account the closing price of Bitcoin over the last 50 days. Currently, Bitcoin is trading listed underneath the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Humble Readjusting Median (SMA 200) is a long-term trendline that’s tactical by taking an median of the BTC closing price for the last 200 days. BTC is now trading listed underneath the SMA 200, signaling that the demographic is presently bearish.
The bottom jabber around this Bitcoin prediction
After deliberating the overhead determinants, we can conclude that the existent forecast for Bitcoin price prediction is Bearish. BTC would have to augmentation by 14.40% to hit our $ 74,036 target within the next off five days. Readjusting forward, it will distinctly be extremely convenient to display the BTC demographic belief, the technique prove and also resistance extents, and also other metrics. But, we have to prove in psyche that the cryptocurrency industries are erratic, and also even the largest crypto assets display innumerable price quickness. For long-term Bitcoin price forecasts click listed underneath.
Disclaimer: This is not fiscal investment advice. The description readily available is for basic purposes lone. No description, supplies, repairs and also other content readily available on this page constitute a solicitation, reference, endorsement, or any fiscal, fiscal investment, or other advice. Sort for maverick veteran consultation in the type of legal, fiscal, and also fiscal advice in days gone by channeling out any fiscal investment verdict.
