Bitcoin (BTC/USD) Keeps Values in Rang-Bound Zones ByAzeez MustaphaPRO INVESTOR Updated: 13 July 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Price Prediction – July 13The BTC/USD market keeps values in the range-bound zones at $35,000 and $32,500. As of writing, the crypto trades at the level of $32,936 at a positive percentage rate of around 0.05.BTC/USD Market Key Levels:Resistance levels: $35,000, $37,500, $40,000Support levels: $30,000, $27,500, $25,000BTC/USD – Daily ChartOn the BTC/USD daily chart, the crypto trade keeps values in range-bound zones by continually featuring lower lows below the point of $35,000. The Stochastic Oscillators are slowly moving southbound in a slanting posture toward the range of 20 to indicate that a downward force is going on in the crypto market. The 14-day SMA is beneath the 50-day SMA as the bearish trend-line drew downward across them to place a markdown on the area of resistance trading line. Buy Bitcoin Now Will there soon be a change in the BTC/USD as the price keeps values in range-bound zones? The long-kept current moving manner may still hold as the BTC/USD trade operation keeps values in range-bound zones. Being as it is, the two major market movers lacking in capacity to push the crypto trade line out of the present range-bound trading zones. Bulls may continue to look out for an entry during a reversal moving time. The market level at $30,000 remains the baseline for support.On the downside, the BTC/USD bears still have the probable tendency to push the market down further to the immediate support level at $30,000 in the long run of gradual lowering processes. A sudden sharp breakdown of the point may in no time lead bears into a trap. Therefore, bears should be cautious, shorting positions beyond or around the support line showcased in this crypto market analytical write-up. BTC/USD 4-hour Chart The BTC/USD medium-term chart depicts that the crypto trade keeps values in range-bound zones at $35,000 and $32,500, a bit different from that of the long-term trading chart. The two SMAs closely trend toward the east direction in the range-bound zones. The 50-day SMA indicator is above the 14-day SMA indicator. The Stochastic Oscillators have conjoined the lines around the range of 20 near into the oversold region. A consolation movement of the lines around the range spot may bring about a further fall-off into the crypto economy. Looking to buy or trade Bitcoin (BTC) now? Invest at eToro! Buy Bitcoin Now 75% of retail investor accounts lose money when trading CFDs with this provide Join Our Telegram channel to stay up to date on breaking news coverage