• General crypto sentiment is positive today as BTC/USD trades 1.35% higher.
  • The price has been grinding higher and is now headed to the consolidation high of 7,298.50.

BTC/USD 30-Minute Chart

Bitcoin has been grinding higher since Thursday and is now headed toward the consolidation high of 7,298.50.

If this level is broken the bulls may target 7,387.55 which is the next resistance up.

If the bulls fail then this could be a bearish sign and the broader consolidation pattern could continue.

On the higher timeframes, the trend is still firmly down so dont hold your breath for a strong move higher.

Bitcoin Analysis

Additional Levels

BTC/USD

Overview
Today last price 7275.09
Today Daily Change 87.20
Today Daily Change % 1.21
Today daily open 7187.89
 
Trends
Daily SMA20 7345.29
Daily SMA50 8134.97
Daily SMA100 8647.12
Daily SMA200 9367.03
 
Levels
Previous Daily High 7294.86
Previous Daily Low 7076.68
Previous Weekly High 7770.78
Previous Weekly Low 7082.55
Previous Monthly High 9580.19
Previous Monthly Low 6526.82
Daily Fibonacci 38.2% 7160.02
Daily Fibonacci 61.8% 7211.51
Daily Pivot Point S1 7078.09
Daily Pivot Point S2 6968.3
Daily Pivot Point S3 6859.91
Daily Pivot Point R1 7296.27
Daily Pivot Point R2 7404.65
Daily Pivot Point R3 7514.45

 

 

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