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BTCUSD Bitcoin

63,756.11

-1,106.50 (-1.71%)

07:21:03 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,249,253,324,341	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-1,106.50	-1.71%	63,756.11	63,745.14	63,745.15

High Price	Low Price	Open Price	Prev. Close	52 Week Range
65,025.74	63,481.55	64,850.70	64,851.65	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	07:21:03	0.000100	63,745.15	USD

Price x Volume	Volume	Base Symbol	Related Pairs
317,725,423.70	4,934.04	BTC	BTCEUR	BTCGBP	ETHBTC

Bitcoin Price Picks Up Pace: Can It Break Above $65K?

16/07/2024 3:37am

NEWSBTC

Bitcoin price gained over 10% and broke the $64,000 resistance level. BTC is showing positive signs and might attempt to move above the $65,000 level. Bitcoin gained bullish momentum above the $63,500 resistance zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support at $62,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it breaks the $65,000 resistance. Bitcoin Price Jumps 10% Bitcoin price started a major increase above the $61,500 and $62,000 resistance levels. BTC even cleared the $63,500 resistance to move further into a positive zone. The bulls pushed the price toward the $65,000 zone. A high was formed at $64,900 and the price is now consolidating gains. It is trading well above the 23.6% Fib retracement level of the upward move from the $62,320 swing low to the $64,900 high. There is also a major bullish trend line forming with support at $62,200 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $64,000 and the 100 hourly Simple moving average. If there is an upside continuation, the price could face resistance near the $64,800 level. The first key resistance is near the $65,000 level. A clear move above the $65,000 resistance might start a decent increase in the coming sessions. The next key resistance could be $66,200. The next major hurdle sits at $66,500. A close above the $66,500 resistance might start a steady increase and send the price higher. In the stated case, the price could rise and test the $67,000 resistance. Are Dips Limited In BTC? If Bitcoin fails to climb above the $65,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $64,250 level. The first major support is $63,650 and the 50% Fib retracement level of the upward move from the $62,320 swing low to the $64,900 high. The next support is now near $62,500. Any more losses might send the price toward the $61,500 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 $63,650. Major Resistance Levels – $65,000, and $66,200.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

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