Bitcoin’s price briefly brushed through a 13 month high as key Wall Street Crypto supporters such as Blackrock continued to support Bitcoin’s potential and its ETFs.

Spot trading volumes continue to remain low even as futures trading volume sets a new momentum of exchanges. 

The Exponential Moving Average for 10-day EMA indicates “Sell” at 30286 and 200-day EMA indicates “Buy” at 26164. The Simple Moving Average for 10-day SMA indicates “Sell” at 30465 and 200-day SMA indicates “Buy” at 25121. 

The Ichimoku Base Line, valued at 28128, continues to be neutral. The Hull Moving Average indicates “Sell” at 30189. The Volume Weighted Moving Average indicates “Sell” at 29968.

Major market oscillators point to a “Sell” sentiment. The Relative Strength Index (14) sits at 57, with a neutral outlook. The Stochastic %K (14, 3, 3) at 34 and the Average Directional Index (14) at 32 indicate a Neutral outlook. 

The MACD Level (12, 26), at 780, indicates “Sell”. The Stochastic RSI Fast (3, 3, 14, 14) is “Neutral” at 4 and William’s Percentage too indicates a “Neural” sentiment at -70.

As of 10:00 AM, 7th July 2023, on WazirX, Bitcoin’s price is ₹26,13,000. There was a 0.42% decrease in its price in the last 24 hours. The 7 day Bitcoin was up by 0.03%

Ethereum (ETH) is trading at ₹1,61,887. There was an 0.08% decrease in the last 24 hours. The 7 day Ethereum was down by 0.68%.

The top gainers on WazirX include eCash (XEC), Verge (XVG), and UniLend (UFT), with a price increase of 16.62%, 16.16%, and 10.77%, respectively.

However, the tokens that underperformed comprised OokiDAO Token (OOKI), Bob (BOB), and Reef (REEF), with a price decrease of 15.36%, 13%, and 11.19%, respectively.

Shiba Inu (SHIB) saw a price decrease of 3.06% and is now priced at ₹0.000631. Dogecoin (DOGE) saw a decrease of 2.98% and is now priced at ₹5.55.

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