financetom
Technology
financetom
/
Technology
/
Forecast update for Bitcoin -13-06-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Forecast update for Bitcoin -13-06-2025
Jun 13, 2025 5:02 AM

The price of (BTCUSD) settled high in its recent intraday trading, attempting to recover some of its previous losses, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the bullish signals, affected by the negative technical formation on the short-term basis (the rising wedges pattern), with the continuation of the negative pressure that comes from its trading below its EMA50, forming a dynamic resistance against the attempts of the price rise.

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 >
The GBPJPY records some extra gains– Forecast today – 10-4-2024
The GBPJPY records some extra gains– Forecast today – 10-4-2024
Apr 10, 2024
The GBPJPY pair repeated forming bullish waves, getting advantages from the positive stability above 191.70 level, to form extra support, hitting some positive stations by reaching 192.85. Stochastic attempt to reach the overbought level will increase the chances for gaining positive momentum, which makes us keep the bullish suggestion until reaching the achieved top at 193.50 level. The expected trading...
The CADCHF renew the positive action– Forecast today – 10-4-2024
The CADCHF renew the positive action– Forecast today – 10-4-2024
Apr 10, 2024
The CADCHF ended the bearish correctional trading by testing extra support at 0.6615, to begin forming new bullish waves, surpassing the moving average 55, to settle near 0.6660 as appears in the above image. By the above image, we notice the stability within the bullish channel levels, and providing positive momentum by stochastic confirms the readiness for targeting several positive...
Israeli property management software firm Guesty raises $130 million
Israeli property management software firm Guesty raises $130 million
Apr 10, 2024
JERUSALEM, April 10 (Reuters) - Israeli property management software provider Guesty said on Wednesday it raised $130 million in a late stage funding round led by global investment firm KKR. Inovia Capital and existing investors Apax Funds, BDT & MSD Partners, and Sixth Street, also joined the Series F round, Guesty said. It last raised $170 million in August 2022....
The EURJPY failed to regain the bullish bias– Forecast today – 10-4-2024
The EURJPY failed to regain the bullish bias– Forecast today – 10-4-2024
Apr 10, 2024
The EURJPY pair failed to regain the bullish bias, affected by the strength of the extended resistance at 165.10, which forces it to form quick negative rebound, to settle near 164.65. Stochastic sharp decline towards 20 level will decelerate the attempt of renewing the bullish track, to expect an unstable trading between the mentioned resistance and the initial support level...
Copyright 2023-2026 - www.financetom.com All Rights Reserved