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Forecast update for Bitcoin -29-06-2026
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Forecast update for Bitcoin -29-06-2026
Jun 29, 2026 5:25 AM

The price of Bitcoin continued its fluctuating trading at its recent intraday levels, taking advantage of the positive momentum that comes from the relative strength indicators after reaching oversold levels, and the price is under the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reduces the chances of sustainable recovery in the upcoming period.

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