financetom
Technology
financetom
/
Technology
/
Bitcoin price (BTCUSD) hits the target – Forecast today - 25-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bitcoin price (BTCUSD) hits the target – Forecast today - 25-06-2024
Jun 24, 2024 10:12 PM

Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) succeeded to achieve our waited target at 60330.00$ and attempted to break it, as it suffered additional losses to reach 58230.00$ areas, but it bounced bullishly to settle above the first level, and heads towards achieving some expected gains in the upcoming sessions, on its way to test 63310.00$ followed by 64415.00$ areas as main positive stations. Therefore, the bullish bias will be suggested for today, noting that breaking 60330.00$ and holding below it will stop the expected rise and push the price to resume the bearish correction that its next target reaches 56160.00$. Expected Trading Range Between 60000.00$ support and 64400.00$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say
Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say
Jul 25, 2024
AUSTIN, Texas, July 25 (Reuters) - Inside Amazon.com's chip lab in Austin, Texas, half a dozen engineers on a Friday afternoon put a closely guarded new server design through its paces. The server was packed with Amazon's ( AMZN ) artificial intelligence chips that compete with those from market leader Nvidia ( NVDA ) , Amazon ( AMZN ) executive...
8 Analysts Assess AT&T: What You Need To Know
8 Analysts Assess AT&T: What You Need To Know
Jul 25, 2024
8 analysts have shared their evaluations of AT&T ( T ) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Performance Comparison: Cisco Systems And Competitors In Communications Equipment Industry
Performance Comparison: Cisco Systems And Competitors In Communications Equipment Industry
Jul 25, 2024
In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing Cisco Systems ( CSCO ) alongside its primary competitors in the Communications Equipment industry. By meticulously examining crucial financial indicators, market positioning, and growth potential, we aim...
Microsoft Options Trading: A Deep Dive into Market Sentiment
Microsoft Options Trading: A Deep Dive into Market Sentiment
Jul 25, 2024
Deep-pocketed investors have adopted a bullish approach towards Microsoft ( MSFT ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MSFT usually suggests something big is about to happen. We gleaned this information from...
Copyright 2023-2026 - www.financetom.com All Rights Reserved