Bitcoin price prediction
Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability
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Bitcoin price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of BTC will be traded in CHANNEL near to $9542.0 with $9974.0 as upper border and $9371.0 as bottom.Historic price levels for next 24 hours
These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
| Price | Weight(level power) | Date of formation |
|---|---|---|
| $10031.1689453125 | Weight: 13.048 | 08 May 2020 |
| $9982.8828125 | Weight: 24.476 | 05 May 2018 |
| $9881.6806640625 | Weight: 15.605 | 17 Jan 2018 |
| $9740.9287109375 | Weight: 24.221 | 02 Jul 2019 |
| $9645.818359375 | Weight: 12.065 | 23 Feb 2018 |
| $9387.4404296875 | Weight: 23.719 | 17 Jan 2018 |
| $9318.3955078125 | Weight: 24.112 | 08 Mar 2020 |
| $9290.947265625 | Weight: 24.513 | 31 Jul 2018 |
| $9252.27734375 | Weight: 17.175 | 27 Nov 2019 |
| $9239.9736328125 | Weight: 12.491 | 04 Feb 2018 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 9974.0 | Channel maximum price resist level based on 24 hours movements |
| 9371.0 | Channel minimum price resist level based on 24 hours movements |
Bitcoin price levels prediction for next 7 days
Next 7 days brief prediction
Price of BTC will be traded in CHANNEL near to $9424.0 with $9586.0 as upper border and $8794.0 as bottom.Historic price levels for next 7 days
These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
| Price | Weight(level power) | Date of formation |
|---|---|---|
| $9982.8828125 | Weight: 24.476 | 05 May 2018 |
| $9881.6806640625 | Weight: 15.605 | 17 Jan 2018 |
| $9740.9287109375 | Weight: 24.221 | 02 Jul 2019 |
| $9387.4404296875 | Weight: 23.719 | 17 Jan 2018 |
| $9318.3955078125 | Weight: 24.112 | 08 Mar 2020 |
| $9290.947265625 | Weight: 24.513 | 31 Jul 2018 |
| $9252.27734375 | Weight: 17.175 | 27 Nov 2019 |
| $9115.447265625 | Weight: 23.078 | 17 Jul 2019 |
| $9015.529296875 | Weight: 49.649 | 30 Nov 2017 |
| $8384.421875 | Weight: 16.522 | 09 Mar 2018 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 9586.0 | Channel maximum price resist level based on 7 days movements |
| 8794.0 | Channel minimum price resist level based on 7 days movements |
Bitcoin price levels prediction for next 30 days
Next 30 days brief prediction
Price of BTC is now on EDGE at $9558.0. So the next scenario is able. If price will go up, it will RAISE with support level $9558.0 If price will go down it will spend next in CHANNEL near to $8604.0 with $9558.0 as upper border and $6615.0 as bottom.Historic price levels for next 30 days
These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
| Price | Weight(level power) | Date of formation |
|---|---|---|
| $10254.10546875 | Weight: 33.287 | 19 Feb 2020 |
| $9290.947265625 | Weight: 24.513 | 31 Jul 2018 |
| $9015.529296875 | Weight: 49.649 | 30 Nov 2017 |
| $7539.96435546875 | Weight: 28.963 | 10 Jun 2019 |
| $7210.4306640625 | Weight: 33.078 | 06 Oct 2019 |
| $6453.5380859375 | Weight: 29.395 | 01 Apr 2018 |
| $5945.3388671875 | Weight: 87.594 | 06 Feb 2018 |
| $5434.73095703125 | Weight: 26.448 | 12 Nov 2017 |
| $4289.51318359375 | Weight: 39.594 | 13 Mar 2020 |
| $3784.97412109375 | Weight: 55.801 | 26 Mar 2019 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 9558.0 | Edge price dividing trends based on 30 days movements |
| 6615.0 | Minimum price support level in case of RAISE trend based on 30 days movements |
| 9558.0 | Channel maximum price resist level based in case of FALL trend on 30 days movements |
| 6615.0 | Channel minimum price resist level based in case of FALL trend on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Cardano
ADA
|
0.95615065 | details, prediction |
Stellar
XLM
|
0.9266573 | details, prediction |
Ethereum
ETH
|
0.91524535 | details, prediction |
Tezos
XTZ
|
0.9098625 | details, prediction |
Monero
XMR
|
0.90240484 | details, prediction |
| Second tier | ||
Dogecoin
DOGE
|
0.9278778 | details, prediction |
NEO
NEO
|
0.89578813 | details, prediction |
Siacoin
SC
|
0.87783444 | details, prediction |
Augur
REP
|
0.8757068 | details, prediction |
Crypto.com Chain
CRO
|
0.85217994 | details, prediction |
| Third tier | ||
PeerCoin
PPC
|
0.9340721 | details, prediction |
ThoreCoin
THR
|
0.9173738 | details, prediction |
TenX
PAY
|
0.90833676 | details, prediction |
Dreamscape
DSC
|
0.89508575 | details, prediction |
Gnosis
GNO
|
0.8920372 | details, prediction |
This report should be leaned to get most info about heading trends. It means that Bitcoin price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.
Low correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Bitcoin Cash
BCH
|
0.63480276 | details, prediction |
EOS
EOS
|
0.6418621 | details, prediction |
Litecoin
LTC
|
0.642291 | details, prediction |
Bitcoin SV
BSV
|
0.7411647 | details, prediction |
XRP
XRP
|
0.80487436 | details, prediction |
| Second tier | ||
True USD
TUSD
|
-0.48828495 | details, prediction |
Paxos Standard
PAX
|
-0.4302914 | details, prediction |
USD//Coin
USDC
|
-0.3827258 | details, prediction |
Dai
DAI
|
-0.2912976 | details, prediction |
KuCoin Shares
KCS
|
0.07195177 | details, prediction |
| Third tier | ||
Tycoon Global
TCT
|
-0.72665024 | details, prediction |
Docademic
MTC
|
-0.6288634 | details, prediction |
Envion
EVN
|
-0.4570733 | details, prediction |
Gemini Dollar
GUSD
|
-0.39654037 | details, prediction |
BitNewChain
BTN
|
-0.3666648 | details, prediction |
This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)