empty
 
 
nl
Ondersteuning
Direct openen van een account
Trading Platform
Storting/opname

30.06.202608:03 Forex Analyse & Reviews: Trading Signals for BITCOIN (BTC) on June 30, 2026: buy above $60,000 (21 SMA - 1/8 Murray)

Relevance up to 02:00 UTC--4

Exchange Rates 30.06.2026 analysis

Bitcoin is trading around $59,767, consolidating above the 1/8 Murray line and below the 21 SMA, showing signs that bearish momentum is waning.

On the H4 chart, we can see that Bitcoin has bounced back above $58,000 on several occasions. Currently, BTC may be preparing for an upward move; however, we should wait for the price to consolidate above the psychological level of $60,000.

Conversely, if Bitcoin falls below $59,375—around the -1/8 Murray level—this zone could be seen as a selling opportunity, and it is likely to reach the lower band of the downtrend channel around $57,000, eventually potentially reaching the -2/8 Murray level around $56,250.

On the H4 chart, we can observe the formation of a symmetrical triangle pattern. Therefore, a break above $60,500 could provide momentum for Bitcoin, allowing it to quickly reach the upper band of the uptrend channel around $62,700.

Given that Bitcoin is reaching oversold levels, we could expect it to consolidate above the psychological level of $60,000 and rise toward the upper band of the uptrend channel at $63,700, eventually reaching the 200 EMA around $65,060.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Kan u nu niet praten?
Stel uw vraag in de chat.