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BTCUSD Bitcoin

65,416.95

335.04 (0.51%)

09:32:58 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,282,345,386,472	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	335.04	0.51%	65,416.95	65,408.22	65,409.52

High Price	Low Price	Open Price	Prev. Close	52 Week Range
66,139.00	64,834.44	65,071.70	65,090.43	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	09:32:52	0.000336	65,419.00	USD

Price x Volume	Volume	Base Symbol	Related Pairs
266,301,304.77	4,056.72	BTC	BTCEUR	BTCGBP	ETHBTC

Bitcoin Price On The Rise: Is The $70K Mark Within Reach?

17/07/2024 3:55am

NEWSBTC

Bitcoin price gained over 15% and broke the $65,000 resistance level. BTC is still showing positive signs and might attempt to move above the $66,000 level. Bitcoin extended its increase above the $65,000 resistance zone. The price is trading above $64,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $63,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it breaks the $66,000 resistance. Bitcoin Price Extends Increase, Bulls In Action Bitcoin price remained in a bullish zone above the $62,500 and $63,500 resistance levels. BTC was able to surpass the $64,000 level to extend its increase. The bulls even pushed the price toward the $66,000 zone. A high was formed at $66,100 and the price is now consolidating gains. It is trading well above the 23.6% Fib retracement level of the upward move from the $62,466 swing low to the $66,100 high. There is also a key bullish trend line forming with support at $63,850 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $64,500 and the 100 hourly Simple moving average. If there is an upside continuation, the price could face resistance near the $66,000 level. The first key resistance is near the $66,500 level. A clear move above the $66,500 resistance might spark more bullish moves in the coming sessions. The next key resistance could be $67,200. The next major hurdle sits at $68,000. A close above the $68,000 resistance might push the price further higher. In the stated case, the price could rise and test the $70,000 resistance. Are Dips Supported In BTC? If Bitcoin fails to climb above the $66,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $66,000 level. The first major support is $64,250 and the 50% Fib retracement level of the upward move from the $62,466 swing low to the $66,100 high. The next support is now near $63,650 and the trend line. Any more losses might send the price toward the $62,500 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $64,250, followed by $63,850. Major Resistance Levels – $66,000, and $67,200.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

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1 Month Bitcoin Chart

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