Bitcoin Price Prediction for Today October 19: BTC Consolidates As Selling Pressure Stalls above $19k
Bitcoin Is In A Range-bound Move As Selling Pressure Stalls Above $19k – October 19, 2022
Since October 10 price slump, BTC/USD has been trading marginally as selling pressure stalls above $19K. The largest cryptocurrency price level has stabilized above the $19,000 support. Today, sellers are attempting to push the coin to the previous low of $18,210.
Bitcoin Price Statistics Data: •Bitcoin price now – $19,127.93 •Bitcoin market cap – $366,971,728,791 •Bitcoin circulating supply – 19,184,181.00 BTC •Bitcoin total supply – $401,811,505,276 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000
Sellers have continued to provide stiff resistance above the 50-day line SMA after the September 13 price slump. Recently, buyers broke above the 21-day line SMA but failed to breach the 50-day line SMA on October 17. Consequently, the BTC price declined bel...