Bitcoin Prediction 2024 August 2th
BTC Price:
$64,482
UTC Time: 10:15 AM
Market Sentiment Today
Fear and Greed Index: 57 (Greed)
Volatility Index (VIX): 18.75 (Moderate)
Bull/Bear Ratio: 1.2 (Slightly Bullish)
Technical Indicators
Relative Strength Index (RSI) :37
Key Support and Resistance Levels
Support: $63,668, $62,302
Resistance: $65,659, $66,733
bitcoin prediction
Given the current market sentiment and technical indicators:
Potential Upside:
If BTC can break above price at $65,659. it may test the next resistance level around $66,733
Potential Downside:
If BTC fails to hold the $64,000 it could drop to test the support levels at $63,668 or $62,302
Investment Plan:
Bitcoin Short Selling:
Around $64,700
Stop Loss
Around $66,150
Take profit:
Around $60,000
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.