$12040.40
+ $3557.00 (41.93%)
End-of-day quote: 2022-10-25
HBTC/USD

Is Huobi BTC on the rise?

No, the price of Huobi BTC has been decreasing steadily since April 7, 2022, and is currently down by -71.98%. The 200-day moving average is currently 111.67% above the current price. The 100-day moving average is 77.01% above the current price, and the 50-day moving average is 64.78% above the current price.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Huobi BTC Forecast for 2023

We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.

For Huobi BTC prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $13.89k, while the most pessimistic outlook is for $10.52k.

The most recent forecasted price target for the next year is $12.00k, which is crucial to note.

It's conceivable that Huobi BTC will drop -0.33% of its value in 2023.

HBTC - Relative Strength Forecast

Huobi BTC broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

HBTC - Trend Prediction

HBTC - Price Volatility Prediction

HBTC - Relative Strength

HBTC - Momentum Forecast

In we then see weak volatility for Huobi BTC for a longer period of time which led to negative signals for Huobi BTC.

Huobi BTC's Prospects For 2025-2030

The next few years look good for Huobi BTC. One analysts have predicted that by March 2025, Huobi BTC will have reached $11.92k. The Huobi BTC price is expected to be $11.84k by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $11.73k.