Bitcoin Cryptocurrency Forecast

Hold candidate since Aug 01, 2026

The Bitcoin cryptocurrency price fell by -0.148% on the last day (Saturday, 1st Aug 2026) from $62,875.74 to $62,782.51. During the last trading day the cryptocurrency fluctuated 1.23% from a day low at $62,319.44 to a day high of $63,085.02. The price has fallen in 6 of the last 10 days and is down by -4.91% for this period. Volume fell on the last day along with the cryptocurrency, which is actually a good sign as volume should follow the cryptocurrency. On the last day, the trading volume fell by -17 billion shares and in total, 14 billion shares were bought and sold for approximately $858.12 trillion.

The cryptocurrency lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $64,613.26 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the cryptocurrency is expected to fall -23.20% during the next 3 months and, with a 90% probability hold a price between $39,654.50 and $49,623.05 at the end of this 3-month period. Do note, that if the cryptocurrency price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

BTCUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 30, 2026, and so far it has risen 7.33%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Bitcoin cryptocurrency holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the cryptocurrency. On corrections up, there will be some resistance from the lines at $63,766.23 and $63,409.41. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Bitcoin cryptocurrency

Bitcoin finds support from accumulated volume at $61,864.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the cryptocurrency tends to have very controlled movements and with good liquidity the risk is considered very low in this cryptocurrency. During the last day, the cryptocurrency moved $765.58 between high and low, or 1.23%. For the last week the cryptocurrency has had daily average volatility of 1.89%.

Our recommended stop-loss: $60,006.41 (-4.42%) (This cryptocurrency has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 32 days ago.)

Trading Expectations (BTCUSD) For The Upcoming Trading Day Of Sunday 2nd

For the upcoming trading day on Sunday, 2nd we expect Bitcoin / US Dollar to open at $62,728.99, and during the day (based on 14 day Average True Range), to move between $62,116.75 and $63,448.27, which gives a possible trading interval of +/-$1,331.52 (+/-2.14%) up or down from last closing price. If Bitcoin / US Dollar takes out the full calculated possible swing range there will be an estimated 2.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $61,864.84 (1.46%) than the resistance at $66,849.63 (6.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Bitcoin / US Dollar cryptocurrency A Buy?

Bitcoin holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Sell to a Hold candidate.

Current score: -0.596 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 2, 2026 - $62,728.99 ( 0.0852%).

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