Bitcoin (BTC/USD) forecast and analysis on July 15, 2021

Cryptocurrency Bitcoin (BTC/USD) is trading at 31910. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Bitcoin. At the moment, cryptocurrency quotes are moving near the lower border of the Bollinger Bands indicator bars.

Bitcoin (BTC/USD) forecast and analysis on July 15, 2021

As part of the Bitcoin exchange rate forecast, a test of the level of 33250 is expected. Where can we expect an attempt to continue the fall in BTC/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 30200. The conservative area for Bitcoin sales is located near the upper border of the Bollinger Bands indicator bars at 34590.

Bitcoin (BTC/USD) forecast and analysis on July 15, 2021

Cancellation of the option to continue the decline in the Bitcoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bars. As well as the moving average with a period of 55 and closing of quotations of the pair above the 35000 area. This will indicate a change in the current trend in favor of the bullish for BTC/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration of the fall of the cryptocurrency.

Bitcoin (BTC/USD) forecast and analysis on July 15, 2021 implies a test level of 33250. Further, the fall is expected to continue to the area below the level of 30200. The conservative sales area is located near the area of ​​34590. Cancellation of the cryptocurrency fall option will be a breakdown of the level of 35000. In this case, we should expect a continuation growth.


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