of 3,653.20 and the bulls broke above the EMAs. From the chart, price fell from the 6,400 to the low of 4,559.30 and commenced a range bound movement. Yesterday, the bullish movements were resisted by the 12-day EMA. Today, 5 trillion of fiat currency is traded daily. Daily Chart Click here to see the full Bitcoin Daily Chart by Trading View Though yesterdays candlestick didnt register spectacular gains, candlestick specific attributes hints of rejection of lower lows. Bitcoin (BTC) Daily Price Forecast: June 14, 2018 BTC/USD Medium-term Trend: Bearish Resistance Levels: 6,600, 6,700, 6,800 Support levels: 6,300, 6,200, 6,100 Yesterday, June 13, price of Bitcoin is still in a downtrend. Yesterday, the BTC price broke the 12-day EMA and the 26-day EMA to the upside, as price broke the 4,000 price level. Also, the EMAs were trending horizontally as the BTC price was range bound at the 3,900 price level. Today, someone who claims bitcoin will be worth 200,000 or 500,000 or 1 million may be called crazy.
If the digital currency has a bearish breakout the 5,900-6,000 price levels might be revisited. Meanwhile, the stochastic is out of the overbought region but below the 60 range which indicates that Bitcoin is in a bearish momentum and a sell signal. There are indications that price of Bitcoin might fall and reach the lows of 6,000 or 6,500. Today, the crypto's price is now below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. Novogratz predicted that bitcoin would be worth 40,000 to 50,000 by the end of 2018, for example. Also Read: Top Cryptocurrency Payment Gateways for Bitcoin Businesses: BitPay, Coinbase, Gocoin, btcpay Questions are now beginning to emerge with Redditors claiming that this is a deliberate attempt by Coinlab to hijack the Civil Rehabilitation voting process. Bitcoin (BTC) Daily Price Forecast: January 23, 2019 BTC/USD Medium-term Trend: Bullish Resistance Levels: 6,800, 6,900, 7,000 Support levels: 3,500, 3,400, 3, 300 Yesterday, January 22, the price of Bitcoin was in the bullish trend zone. The support and resistance are not evenly apart. Today, the digital currency is expected to rise as price is in the bullish trend zone. The bear's movement have been restricted above the 6,500 price level while the bull's movement have been restricted below 6,600 price level. Nevertheless, the relative strength index period 14 is level 58 indicates that price of the asset is in the range bound zone.