Bitcoin Price Prediction
Bitcoin (BTC/USD) is currently trading at $69,553, showing a modest increase of 0.63% over the last 24 hours. The pivot point, marked by the green line at $69,219, serves as a crucial level, indicating the primary trend direction.
Above this pivot point, the immediate resistance levels to watch are $72,030, $73,734, and $75,480. These levels represent potential barriers where selling pressure could increase, challenging further upward movement.
On the downside, support levels are identified at $67,549, $65,949, and $63,901. These levels could provide a cushion against declines, offering potential entry points for buyers.
The presence of an upward trendline further bolsters this bullish outlook. However, a break below the pivot point of $69,675 could trigger a sharp selling trend.
In conclusion, Bitcoin price prediction remains bullish at $69,675, but a breach below this level could lead to significant downside pressure.
You might also like
Invest in the Future of Gaming with 5thScape’s Cutting-Edge VR Platform
5thScape is leading the virtual reality (VR) revolution, seamlessly blending digital and physical worlds. This innovative platform offers immersive gaming experiences using the latest VR technology and the creativity of its community.
By holding 5SCAPE tokens, users gain exclusive access to premium VR content, enhancing their gaming adventures and engaging with a burgeoning digital economy.
- Innovative Cryptocurrency Use in VR: 5thScape uses 5SCAPE Coin for secure, transparent transactions within its VR ecosystem, redefining user interaction and investment in virtual worlds.
- Expanding Gaming Horizons: 5thScape provides a diverse range of 3D VR games, from adventure to mystery, alongside state-of-the-art VR headsets and ergonomic gaming chairs, promising an unrivaled gaming experience.
- Empowering the Gaming Community: 5thScape is more than just a platform; it’s a movement towards fostering a vibrant, inclusive community where gamers can explore, interact, and grow together in immersive virtual landscapes.
We’ve reached $6.0M 🚀, VR is a Revolution and We $5Scape as a Community are the Trendsetters 🎉
Thanks to YOU, our awesome community! 🙌 💖
Get ready for next-level gaming adventures and VR Innovations as we embark on this exciting journey together! Let’s make magic happen… pic.twitter.com/RvUmUyU8ws
— 5th Scape (@5th_scape) May 21, 2024
Get 5thScape Here