Advertisement
AD

Main navigation

Bitcoin (BTC) Price Prediction for April 6

Advertisement
Sat, 6/04/2024 - 15:34
Bitcoin (BTC) Price Prediction for April 6
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The weekend has started with a market bounce back, according to CoinMarketCap.

Advertisement
Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has risen by 1.45% over the last 24 hours.

Image by TradingView

Despite today's rise, the price of BTC is looking bearish on the hourly chart as it is on the way to the local support of $67,616. If buyers fail to seize the initiative, traders may expect a test of $67,000 tomorrow.

Image by TradingView

On the daily time frame, the situation has almost not changed since yesterday from the technical point of view. This statement is also confirmed by the falling volume.

Related

In this case, ongoing sideways trading in the area of $67,000-$69,000 is the more likely scenario for the next days.

Image by TradingView

On the weekly chart, the price of BTC has once again bounced off the support level of $64,522. At the moment, one should pay attention to the candle closure in terms of the previous bar low of $66,407. If it happens below it, the drop is likely to continue to the $60,000 zone.

Bitcoin is trading at $67,785 at press time.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD