Bitcoin (BTCUSD) Price Forecast: June 29
The Bitcoin price is currently trading in a strong bullish market. The coin may likely increase further, if the bulls could add more strength to their potential buying and the market price sustains above the $30050.66 high mark, the potential rally could surge above the $31050.00 higher level to hit the $35000.00 upper resistance value and beyond.
Key Levels:
Resistance Levels: $22000.00, $23000.00, $24000.00
Support Levels: $20000.00, $19000.00, $18000.00
BTC (USD) Long-term Trend: Bullish (Daily Chart)
Bitcoin is in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. This looks nice for the buying trader and signifies a buy signal.
In the previous actions the coin has been having high interference from buyers which really made it easier for the cryptocurrency to maintain stable upside moves in recent times.
The coin price breakout at the $30782.06 resistance value above the two EMAs as the daily chart opens today indicates the high buying impact from the bulls resulting in intraday gains.
Based on the outlook, should the bulls go higher and close above the $31050.00 high mark, a bullish breakout confirmation will reflect the improved market sentiment.
Similar to that, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of BTCUSD further up to a significant level in the upsides and in this case, the target might be a $3500.00 upper resistance level in the higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
The BTCUSD market is in a bullish race in the medium-term outlook. The coin prices are above the moving averages and have confirmed a bullish momentum breaking the previous high. 
The buy traders also made an upward move to the $30662.62 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend in recent times.
Today, the bulls are trying hard to remain above the $31443.67 supply mark, so there is a possibility for the coin price to pull back at the current support of $30532.00 value above the moving averages to invalidate the bearish theory.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction.
An intense breakup above the $31443.67 resistance point would strengthen the bullish pressure.
Similar to that, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of Bitcoin further up to a significant level in the upsides and in this case, the target might be a $3500.00 upper resistance level in the medium-term time frame.
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