Here's the analysis of Bitcoin's price today ¹:
- Price: Bitcoin's price hovers at $65,816, down by approximately 7.97% over the past week.
- Market Capitalization: The recent downturn has pushed the market capitalization of Bitcoin to $1.293 trillion.
- Support and Resistance Levels: The immediate support level is identified at $63,119, closely followed by a more optimistic resistance level at $68,858.
- Predictions: Bitcoin is expected to see a slight adjustment to around $65,417 by the end of April 2024, marking a noticeable decrease from its present valuation.
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