Assalamualaikum All Steemians |
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Hope everyone doing well and enjoying their day's with family and friends. Alhumdullhiah i am also fine amd enjoy my day's. A beautiful contest organized by @khursheedanwar. Today I am here to participate in this amazing contest. The crypto is trending topics now a day's because 2024 is a crypto year's.
Let's start our task....
Prediction of BTC Market Price in Upcoming 3 Months
BTC is a decentralized digital Currency, BTC was created in 2009. BTC is a profitable currency for investors. BTC is one of the Biggest Profitable Coins in the world. Technical Analysis is the most effective method for predicting market price. On the other hand, a lot of people have recently begun trading with bots that are designed with technical analysis techniques. An automated report showing the market's current trend and potential future directions at various time points is provided below. Although this is a technical forecast for the price of BTC, please conduct your own study and trade according to your own skills and knowledge.
Current Prediction of BTC Market Price
With a current market valuation of $1,472.87 billion USD, the current price of BTC is $74,468.10 per (BTC / USD). A total of $108.53 billion is traded every 24 hours. Over the past day, BTC has increased by 7.06%. 19.78M is its circulating supply. The fact that the RSI (Relative Strength Index) is currently above the 30-70 neutral zone suggests that the price is overbought and that it will be able to maintain that position for some time.
BTC price is expected to be $72061, with a maximum of $77105 and a minimum of 67017 on Wednesday, November 13. On Thursday, November 14, the price of BTC is expected to be $69945, with a maximum price of $74841 and a minimum price of $65049. As of Friday, November 15, the market price of BTC is predicted to be 69568 dollars, with a maximum of 74438 and a low of 64698. The predicted price of BTC on Monday, November 18th is $72352; the lowest price is $67287, and the highest price is $77417. BTC price prediction on Tuesday, 19 November the market price is $74458 dollars; maximum market price will be $79670 and minimum value is $69246.
According to Different Indicators Market Price Will be increased by 12.63% and show up trend and touch the $77,575 by 7 November, 2024. But the technical indicator shows The Market in Bullish Trend. Previous 30 Days show approximately 4.65% Volatility. On the 4H (4-Hour) chart BTC shows the Bearish trend but the Moving Average of 200- Period shows a strong long term trend from 2 November 2024. BTC Price Prediction for 10/11/2024 is $79,684 and its change almost 15.69%.
November Month Prediction
In November Month, If Market will follow the Bearish Trend till $69,498 but if it moves into Bullish Trend then Market Price will be $80,076.84 and its trade prediction is for Buy 28.8%.
December Month Prediction
In December Month, If Market will follow the Bearish Trend then Market Price will be $63,216.77 but if it moves into Bullish Trend then Market Price will be $78,183.61 and its trade prediction is for Buy 25.8%.
January Month Prediction
In January Month, Minimum Price of BTC is $65,934.87 and Maximum Price is $75,245.79, January Month levels show Buy 21%. October Month Analysis shows the price of BTC increased by 5.49% and this growth shows the Market will be Continue to Grow and become a solid Asset.
We change the setup when the market changes the direction if we put the trade against the trend then it might be lost so be careful and follow the Market directions.
This is my knowledge and analysis about the BTC price prediction because it's our own analysis so it's not considered 100%. I Also mention my senior friend's to participate in this amazing contest @sduttaskitchen @sarahisham @starrchris @radjasalman