Markets

Bitcoin (BTC) price forecast for May 7

According to Coinstats, the market is colliding back today.

Picture of the article
BTC chart Coin stages

BTC/USD

The price of Bitcoin (BTC) has risen by 3.28%since yesterday.

Picture of the article
Image Trading view

The hourly gram has a BTC rate in the middle of the local channel, between $ 9,226 and an obstacle between $ 97,717.

You may also like

Newspapers

As most of the daily ATR has passed, there is a low chance of waiting for sharp moves tomorrow.

Picture of the article
Image Trading view

For more time, the situation is bullish. The price breaks the resistance of $ 97,470. If this happens and the bar closes over this sign and without a long will, the rise can continue to $ 98,000.

Picture of the article
Image Trading view

From the center, traders should focus on $ 98,871. If the weekly candle closes above it, the accumulated energy may be sufficient to test $ 100,000.

Bitcoin trades $ 97,458 in the press.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblocker Detected

Please consider supporting us by disabling your ad blocker