Bitcoin Price Forecast for April 29th, 2023

Latest Bitcoin Price Prediction and BTC to USD Conversion

Bitcoin’s price today is $29,200.06 in USD. Here you can find the latest Bitcoin price prediction and the BTC to USD conversion rate.

Bitcoin Price Prediction:

The current price of Bitcoin is $27,679, with a 24-hour trading volume of $13.5 billion. Over the last 24 hours, Bitcoin’s price has dropped by 2.79%. The BTC/USD pair is trading in a neutral range, with a small window between $27,600 and $28,900 on Monday. Investors are seeking a strong fundamental catalyst to break out of this particular trading range.

BTC’s immediate support is at the $27,600 level, while the next immediate resistance mark for BTC is $28,900, which it could reach if it breaks out above $28,250. Important technical indicators, such as the RSI and MACD, indicate an investor selling tendency as they have fallen below their midpoints (50 and 0, respectively).

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