Analysis Crypto by Thebittimes.Com

Bitcoin Fails To Hold Above $20k as It Risks Further Decline to $17k – June 29, 2022 On June 26, BTC/USD faced rejection at the $22,000 resistance zone as it risks further decline to $17K. Today, Bitcoin has fallen to the low of $20, 0027 at the time of writing. There is a likelihood of a price rebound or a breakdown. Bitcoin Price Statistics Data: •Bitcoin price now – $19,518.20 •Bitcoin market cap – $371,662,087,589 •Bitcoin circulating supply – 19,080,975.00 BTC •Bitcoin total supply – $409,291,110,909 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels : $30,000, $25,000, $20,000 Buy Bitcoin Now Bitcoin has fallen to $19,471 low as it risks further decline to $17K. On the upside, if the BTC price rebounds above the current support, the bullish momentum is capable of breaking the resistance levels of $21,675 and $23,010. The bullish momentum will extend to the high...

Bitcoin Rebounds above $19.2K but Is Unable to Sustain above $20.5K – October 25, 2022 On October 25, BTC/USD rebounded as it broke above the moving average lines but is unable to sustain above $20.5K. The cryptocurrency has risen and may further reach the high of $20,700 price level. In the October 4 price action, the BTC price broke above the moving average lines but the uptrend was stalled at the high of $20,543. Later, the largest crypto declined below the moving average lines. Today, Bitcoin has regained bullish momentum as it reaches a high of $20,252. Bitcoin Price Statistics Data: •Bitcoin price now – $20,252.28 •Bitcoin market cap – $388,667,819,399 •Bitcoin circulating supply – 19,189,468.00 BTC •Bitcoin total supply – $424,769,975,087 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels : $25,000, $20,000, $15,000 Bitcoin (BTC) increased on October 25 after breaki...

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...