Bitcoin Price Prediction as Bulls Defend $61,000 Level – Here are Key Levels to Watch Next

by Barrett Morissette

Bitcoin Price Prediction as Bulls Defend $61,000 Level – Here are Key Levels to Watch Next

Bitcoin Tag Prediction as Bulls Shield $61,000 Level – Listed below are Key Ranges to Look Next

Bitcoin Tag Prediction
Bitcoin Tag Prediction

In basically the most widespread Bitcoin worth prediction, the flagship cryptocurrency hovers around $61,154, reflecting a shrimp 0.60% extend internal 24 hours. With a tough shopping and selling quantity exceeding $13 billion and a market cap nearing $1.2 trillion, Bitcoin demonstrates resilience as bulls attempt to preserve the $61,000 toughen stage.

Bitcoin Tag Prediction


At recent, Bitcoin‘s worth high-tail revolves around a pivotal level put at $60,975, suggesting a bearish Bitcoin worth prediction so long as BTC preserve below this stage.

If the charge can maintain itself above this stage, it’ll also roar immediate resistances positioned at $63,400, $65,050, and doubtlessly $67,160. If convincingly breached, these resistance stages are serious markers that would possibly perhaps perhaps consequence in extra bullish momentum.

Conversely, Bitcoin’s toughen stages are $59,075, $56,640, and $54,400. A dip below these would possibly perhaps perhaps signal a bearish downturn, intensifying selling pressures and doubtlessly resulting in extra basic worth drops.

The technical indicators provide a mixed check. The Relative Energy Index (RSI) currently stands at Forty five, which lies in neutral territory, hinting at an equilibrium between purchasing for and selling pressures.

Nonetheless, the 50-day Exponential Intelligent Moderate (EMA) at $61,875, which is a cramped bit above this day’s worth, suggests a bearish undertone. This implies that Bitcoin would possibly perhaps perhaps war to preserve upward momentum except it’ll consistently shut above this transferring moderate.

Bitcoin Tag Prediction - Source: Tradingview
Bitcoin Tag Prediction – Source: Tradingview

In summary, whereas there’s possible for an upside if Bitcoin can overcome key resistance stages, the charge’s proximity to the 50 EMA and the neutral RSI pose challenges.

Merchants ought to seem for whether Bitcoin can preserve toughen above the pivotal $60,975 or if this would possibly occasionally succumb to bearish pressures, doubtlessly revisiting lower toughen stages.

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Mega Cube Presale Nears Completion with $913K Raised: Final Probability Sooner than Tag Amplify


The Mega Cube presale is shut to achieving its plan, having successfully raised $913,229 with over 13.23 million $DICE tokens supplied out of an on hand 14.7 million. This surge in investment underscores the growing passion in crypto-built-in iGaming platforms internal the Web3 put, where Mega Cube is making basic strides.

Layer 2 solutions, whereas basically making improvements to Ethereum’s scalability, replicate the market’s fluctuations. Nonetheless, as Ethereum maintains a dominant 63.42% market portion with $54.3 billion in total worth locked, its performance directly influences Layer 2 outcomes.

In the burgeoning sector of GambleFi, Mega Cube stands out by leveraging its native $DICE token to revolutionize the salvage gaming ride. Players employ $DICE for gameplay, reaping benefits similar to entry into unfamiliar competitions and procure correct of entry to to a loyalty program that promises generous rewards and VIP experiences.

Additionally, Mega Cube has introduced a buyback and burn technique to preserve the token’s scarcity and bolster its market worth. With the presale drawing to a shut and the next worth stage approaching, now would possibly perhaps perhaps perhaps be a pivotal 2d for possible investors.

Defend as a lot as this level with basically the most widespread from Mega Cube on platforms love X/Twitter and Telegram, and grasp in thoughts becoming a member of the presale earlier than the charge increases to $0.069 per $DICE token.

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Disclaimer: Crypto is a high-threat asset class. This text is supplied for informational capabilities and does no longer constitute investment recommendation. You would possibly as well lose all of your capital.

Source : cryptonews.com

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