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Bitcoin (BTC) Long-Term Price Forecast

BTC/USD Long-term Trend: Bearish
Supply Zones: $6,500, $7,000, $7,500
Demand Zones: $5,500, $5,000, $4,500

Price of Bitcoin had been in a bearish trend since June 3rd, 2018. The BTC/USD pair was valued at $7,715.60 at the beginning of June. But as at the time of writing today, June 23, 2018, the cryptoasset had depreciated to the value of $6,146.47. Price of Bitcoin has depreciated to about 20.33 %. There are indications that the cryptoasset may fall to its previous low at $ 5,810.

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