Bitcoin (BTC) Price Prediction for May 30
The post Bitcoin (BTC) Price Prediction for May 30 appeared on BitcoinEthereumNews.com.
There are no reversal signals on the market yet, according to CoinStats. Top coins by CoinStats BTC/USD The rate of Bitcoin (BTC) has dropped by 2.64% since yesterday. Image by TradingView On the hourly chart, the price of BTC is rising after a false breakout of the local support of $104,688. If bulls can hold the gained initiative, one can expect a test of the resistance level of $106,207 by tomorrow. Image by TradingView On the bigger time frame, the rate of the main crypto has made a false breakout of yesterday’s bar’s low. You Might Also Like If the candle closes far from that level, buyers may seize the initiative, which may lead to a bounce back to the $107,000 mark. Image by TradingView From the midterm point of view, the rate of BTC has once again made a false breakout of the resistance of $109,356. If the candle closes around current prices or below, traders may witness a test of the $100,000 range shortly. Bitcoin is trading at $105,658 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-may-30
Filed under: News - @ May 31, 2025 6:21 pm