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Bitcoin Price Prediction: BTC/USD Sets A New High; Touching $11,450 Level




Bitcoin (BTC) Price Prediction – July 31

The daily chart reveals to us that the bullish momentum is notably strong but healthy consolidation is needed.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $12,300, $12,500, $12,700

Support Levels: $10,300, $10,100, $9,900

BTCUSD – Daily Chart

BTC/USD has been trading inside a daily uptrend for the past few days but has not consolidated just yet. Although this is not necessarily bad for the coin as the breakout above $10,000 was extremely important at that time. The next resistance level is all the way up at $12,000, a psychological level …

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