Bitcoin price seeks higher low as trader forecasts $45K breakout within weeks

(BTC) traded steadily on Tuesday after a surge above $40,000 resulted in higher levels broadly holding.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $37,000, around 8.8% below the peak of Monday’s gains.

BTC/USD buy and sell levels (Binance) as of July 27. Source: Material Indicators/Twitter
1-hour candle chart (Bitstamp). Source: TradingView