Bitcoin (BTC) Price Prediction for March 2

by Aric Feil

The costs of coins retain rising, nonetheless, there are some exceptions, per CoinMarketCap.

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BTC/USD

The price of Bitcoin (BTC) has declined by 1.02% over the final 24 hours.

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On the hourly chart, the value of BTC is trading reach the native enhance level of $61,711. If the everyday bar closes reach it, one can put a question to a correction to the $61,000 zone the next day to come.

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On the larger time body, the scenario is less certain as neither bulls nor bears luxuriate in seized the initiative for a extra pass yet.

In this case, sideways trading in the house of $61,000-$63,000 is the extra probably space for subsequent week.

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From the midterm level of glimpse, the value of BTC is on the kind to check the nearest resistance level of $67,150. If the bar closes above it and with no lengthy wicks, there is a excessive likelihood to peep a brand unusual all-time excessive.

Bitcoin is trading at $61,864 at press time.

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