Bitcoin Prediction 2024 August 1th
BTC Price:
$64,100
UTC Time: 2:59 PM
Market Sentiment
Fear and Greed Index: 52 (Neutral)
24-Hour Trading Volume: $28.93 billion
Technical Indicators
Key Support and Resistance Levels
Support:$62,000
Resistance:$65,250,
Conclusion
Based on the current data and market sentiment, Bitcoin is likely to trade within the range of $63,500 to $65,500. If it breaks the resistance level, it could see a bullish trend towards higher prices. Conversely, if it falls below the support level, a bearish trend might ensue.
Investment Plan
Bitcoin Short Selling:
Around $64,166
Stop Loss:
Around $65,250
Take profit:
Around $62,650
Disclaimer: The opinions expressed are for informational purposes only and should not be construed as investment advice. Please do your own research before making any investment decisions.