Bitcoin Price Prediction for Today, July 29: BTC Eyes $25,000 Level

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

The Bitcoin price prediction shows that BTC is trading at $24,040 as the coin seems to be preparing for another upward movement.

Bitcoin Prediction Statistics Data:

  • Bitcoin price now – $24,040
  • Bitcoin market cap – $458.6 billion
  • Bitcoin circulating supply – 19.1 million
  • Bitcoin total supply – 19.1 million
  • Bitcoin Coinmarketcap ranking – #1

BTC/USD Long-term Trend: Bearish (Daily Chart)

Key levels:

Resistance Levels: $30,000, $32,000, $34,000

Support Levels: $19,000, $17,000, $15,000

BTC/USD is moving to cross above the upper boundary of the channel at $24,500 as the coin prepares for the upside. At the time of writing, the first digital coin is likely to extend towards the resistance level of $25,000 if the bulls put more pressure on the market.

Bitcoin Price Prediction: BTC/USD Push for More Upsides

The Bitcoin price is at the moment hovering above the 9-day and 21-day moving averages, any further bullish movement above this barrier could locate the potential resistance levels at $30,000, $32,000, and $34,000. Normally, when new uptrends are coming up, traders may use the moving averages to gauge the strength of the trend. Nevertheless, if BTC/USD soars above the upper boundary of the channel, it could be a sign of sustainability and may likely result in a bullish continuation.

Furthermore, if the Bitcoin price fails to move up; traders may see a price cut below the moving averages, and a further low could bring the price to the support levels at $19,000, $17,000, and $15,000 respectively. But as it stands, the Bitcoin price is likely to rise as the technical indicator Relative Strength Index (14) moves to cross above the 60-level.

BTC/USD Medium-term Trend: Ranging (4H Chart)

The BTC/USD is following a sideways movement above the 9-day and 21-day moving averages as the bulls are coming back into the market to push the king coin towards the upper boundary of the channel. If not, the support level of $22,000 and below may come into play.

BTCUSD – 4-Hour Chart

However, if the bulls push the market to cross above the resistance level of $24,000, traders may expect a touch of the $25,000 resistance level, and breaking this level may further push the price towards the resistance level of $26,000 and above as the technical indicator Relative Strength Index (14) nosedives below 70-level, suggesting a bearish movement.

Battle Infinity – New Crypto Presale

Battle Infinity
  • Presale Until October 2022 – 16500 BNB Hard Cap
  • First Fantasy Sports Metaverse Game
  • Play to Earn Utility – IBAT Token
  • Powered By Unreal Engine
  • CoinSniper Verified, Solid Proof Audited
  • Roadmap & Whitepaper at
Battle Infinity

Read more:


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.