Bitcoin price prediction – Latest BTC price and USD conversion
TODAY’S BITCOIN PRICE DATE BTC USD TODAY 01 $ 29,840.99
BITCOIN PRICE PREDICTION As of now, the Bitcoin price is at $27,679 with a 24-hour trading volume of $13.5 billion, dropping by 2.79% in the last 24 hours. The BTC/USD pair is currently trading in a neutral range, keeping a small window between $27,600 and $28,900 on Monday.
Investors are searching for a strong fundamental catalyst to break out of this trading range. The next immediate resistance for BTC is at $28,900, which it could reach if it breaks above $28,250.
Conversely, the immediate support for BTC is at the $27,600 level. The RSI and MACD technical indicators have fallen below their midpoints, pointing towards a tendency for investor selling. Therefore, the price movement going forward will be determined by the breakout from the $27,600 to $28,900 trading range.