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Bitcoin Prediction 2024 August 1th

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

BitCoin Fear & Greed Index on August 1, 2024

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.

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