The latest Bitcoin price prediction has the flagship cryptocurrency hovering around $61,154, reflecting an increase of just 0.60% within 24 hours. With strong trading volume of over $13 billion and a market cap close to $1.2 trillion, Bitcoin is showing resilience as bulls seek to hold the $61,000 support level.
Bitcoin price prediction
at present, BitcoinThe price action revolves around a key point set at $60,975, suggesting a bearish forecast for Bitcoin price as long as BTC stays below this level.
If the price can sustain above this level, it could challenge the immediate resistance levels at $63,400, $65,050, and potentially $67,160. If these resistance levels are firmly broken, it will be an important indicator that could lead to further bullish momentum.
Conversely, Bitcoin has support levels at $59,075, $56,640, and $54,400. A break below these points would signal a bearish decline and could lead to increased selling pressure and further significant price declines.
There are many different ways to look at technical indicators. The Relative Strength Index (RSI) is currently in neutral territory at 45, suggesting that buying and selling pressures are balanced.
However, the 50-day exponential moving average (EMA) is slightly above today's price at $61,875, suggesting a bearish undertone. This indicates that Bitcoin may struggle to maintain upward momentum unless it can consistently close above this moving average.
In summary, while there is upside potential if Bitcoin can overcome key resistance levels, the price's proximity to the 50 EMA and neutral RSI poses a challenge.
Traders need to keep an eye on whether Bitcoin can sustain support above the all-important $60,975 or if it could succumb to bearish pressure and revisit lower support levels.
Mega Dice presale nears completion with $913,000 raised: Last chance before price hike
The Mega Dice pre-sale is close to reaching its goal, with over $13.23 million of DICE tokens sold out of the $14.7 million available, successfully raising $913,229. This surge in investment highlights the growing interest in crypto-integrated iGaming platforms in the Web3 space, where Mega Dice is making significant progress.
Layer 2 solutions primarily reflect market fluctuations while enhancing Ethereum's scalability. However, since Ethereum has locked a total of $54.3 billion and holds a dominant market share of 63.42%, its performance will directly impact Layer 2 results.
In the fast-growing field of GambleFi, Mega Dice stands out by leveraging its native $DICE token to revolutionize the online gaming experience. Players use $DICE for gameplay and enjoy benefits such as participation in exclusive contests and access to a loyalty program that promises generous rewards and VIP experiences.
Additionally, Megadice announced a buyback and burn strategy to maintain the scarcity of the token and increase its market value. With the presale nearing its end and the next price stage imminent, this is a pivotal moment for potential investors.
Stay up to date with Mega Dice on platforms like. X/Twitter Consider participating in the presale before the price increases to $0.069 per $DICE token.
Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You could lose all your capital.
