BRC-20 SATS (1000SATS) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current BRC-20 SATS price prediction, the price of BRC-20 SATS is predicted to rise by 230.75% and reach $ 0.001012 by July 4, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 73 (Greed). BRC-20 SATS recorded 14/30 (47%) green days with 7.79% price volatility over the last 30 days. Based on the BRC-20 SATS forecast, it's now a bad time to buy BRC-20 SATS.

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Based on the historical price movements of BRC-20 SATS and the BTC halving cycles, the yearly low BRC-20 SATS price prediction for 2025 is estimated at $ 0.000306. Meanwhile, the price of BRC-20 SATS is predicted to reach as high as $ 0.001459 next year. Using the same basis, here is the BRC-20 SATS price prediction for each year up until 2030.

BRC-20 SATS price prediction 2025

The BRC-20 SATS price prediction for 2025 is currently between $ 0.000306 on the lower end and $ 0.001459 on the high end. Compared to today’s price, BRC-20 SATS could gain 378.45% by 2025 if 1000SATS reaches the upper price target.

BRC-20 SATS price prediction 2030

The BRC-20 SATS price prediction for 2030 is currently between $ 0.000786 on the lower end and $ 0.001275 on the high end. Compared to today’s price, BRC-20 SATS could gain 318.05% by 2030 if it reaches the upper price target.

Popular 1000SATS Moving Averages and Oscillators for Tue, Jun 04, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

BRC-20 SATS Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

BRC-20 SATS Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.000312, BRC-20 SATS has support levels of $ 0.000305, $ 0.000297, and the strongest at $ 0.00029. Similarly, BRC-20 SATS resistance levels are at $ 0.000319, $ 0.000327, and $ 0.000334.

BRC-20 SATS Correlation

Over the past 7 days, BRC-20 SATS price was most positively correlated with the price of and most negatively correlated with the price of .

BRC-20 SATS price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with BRC-20 SATS indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with BRC-20 SATS, a move in one direction for BRC-20 SATS would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the BRC-20 SATS price in the future, it’s helpful to also explore BRC-20 SATS’s price history. In the last month, the 1000SATS/USD pair is down .

How to read and predict BRC-20 SATS price movements?

BRC-20 SATS traders use a variety of tools to try and determine the direction in which the 1000SATS market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the BRC-20 SATS price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

BRC-20 SATS Price Prediction Indicators

Moving averages are among the most popular BRC-20 SATS price prediction tools. As the name suggests, a moving average provides the average closing price for 1000SATS over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for 1000SATS is a sum of 1000SATS’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the 1000SATS price moves above any of these averages, it is generally seen as a bullish sign for BRC-20 SATS. Conversely, a drop below an important moving average is usually a sign of weakness in the 1000SATS market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the 1000SATS price.

How to read BRC-20 SATS charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of BRC-20 SATS with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about BRC-20 SATS’s price action in 1-hour chunks. Each candlestick will display 1000SATS’s opening price, closing price, as well as the highest and lowest prices that BRC-20 SATS reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of BRC-20 SATS?

Just like with any other asset, the price action of BRC-20 SATS is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of 1000SATS. The market capitalization of BRC-20 SATS can change significantly in a short period of time.

When trying to make a BRC-20 SATS forecast, many traders also try to monitor the activity of 1000SATS “whales”, which are entities and individuals that control large amounts of 1000SATS. Since the BRC-20 SATS market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on BRC-20 SATS’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.