Bitcoin

Bitcoin (BTC) Price Prediction for June 16 – TradingView News

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The market is trading sideways at the end of the week, according to CoinMarketCap. Top Coins on CoinMarketCap

BitcoinUSD

The price of Bitcoin BitcoinUSD increased by 0.14% in the last 24 hours.Image from TradingView

On the hourly chart, the BTC rate is trying to break the local resistance level of $66,350. If it breaks out, the upward movement could continue towards the $66,800 zone soon. Image from TradingView

On the daily chart, neither side has accumulated enough energy for a sharp move. This statement is also confirmed by the drop in volume.

In this case, continued consolidation in the $66,000 to $68,000 zone is the most likely scenario.Image from TradingView

From a medium-term point of view, the picture is quite similar. BTC price is far from support and resistance levels. Likewise, there is little chance of seeing sharp highs or lows during the next few days.

Bitcoin is trading at $66,402 at press time.

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