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Bitcoin price (BTCUSD) faces solid support – Forecast today - 30-05-2024
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Bitcoin price (BTCUSD) faces solid support – Forecast today - 30-05-2024
May 29, 2024 9:50 PM

Bitcoin Price Analysis Expected Scenario The Bitcoin price tested $67,080 again and found solid support there, showing some bullish bias and fluctuating at the EMA50, affected by stochastic positivity, waiting to get negative motive that assists to push the price to resume the decline and break the mentioned level to open the way to head towards $65,485. Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching $69,880 will stop the negative scenario and push the price to turn to rise. Expected Trading Range Between $66,000 support and $69,200 resistance.

Trend Forecast: Bearish Read more: Will Bitcoin price reach $100,000 in 2024?

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