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International Business Times UK
International Business Times UK
Bgie Areña

Bitcoin Price Prediction 2026: BTC Pinned at $64K Level as MACD Indicator Signals Big Volatility

Bitcoin BTC Tom Lee
Bitcoin traded close to $89,772, with bullish forecasts from high-profile commentators such as Tom Lee suggesting the rally had further to run. (Credit: ACK GUEZ/AFP)

Bitcoin price hovered around $64,436 on Monday, 29 July, leaving traders in a stand-off as technical indicators pointed to a sharp move ahead but gave no clear direction.

The world's largest cryptocurrency was pinned just below its 7-day and 20-day simple moving averages, and analysts said the market now looks trapped between well-defined support and resistance levels.

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