• Home
  • News
  • Bitcoin
  • Blockchain
  • Altcoins
  • Ethereum
  • Regulations
  • Technology
What's Hot

Peter Schiff to Liquidate Euro Pacific Bank in Settlement with Puerto Rican Regulator – Featured Bitcoin News

August 14, 2022

S&P Global downgrades Coinbase credit rating for weak Q2 earnings and competitive pressures

August 14, 2022

How is the crypto industry helping esports grow?

August 14, 2022
Facebook Twitter Instagram
Facebook Twitter Instagram
The Crypto News
  • Home
  • News

    S&P Global downgrades Coinbase credit rating for weak Q2 earnings and competitive pressures

    August 14, 2022

    Axie Infinity cuts rewards from classic gameplay, subtly forcing P2E players into a new mode

    August 14, 2022

    Here are the Bitcoin price levels to watch as BTC drops 5% from the highs

    August 14, 2022

    FTX partners with Paradigm for one-click futures spread trading

    August 13, 2022

    Russia plans to roll out digital ruble to all banks in 2024

    August 13, 2022
  • Bitcoin

    Peter Schiff to Liquidate Euro Pacific Bank in Settlement with Puerto Rican Regulator – Featured Bitcoin News

    August 14, 2022

    Embrace Satoshi Standard Adoption – Bitcoin Magazine

    August 14, 2022

    Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’ – Featured Bitcoin News

    August 14, 2022

    Crypto Trading, Illegal Investment in Iran, Central Bank Governor Reiterates Bitcoin Regulation News

    August 13, 2022

    Tornado Cash TORN Governance Token Shivers Over 57% Since US Government Ban Cryptocurrency

    August 13, 2022
  • Blockchain

    Indian authorities freeze Vauld’s assets

    August 14, 2022

    Brazil introduces bill to tokenize gold on blockchain

    August 14, 2022

    BTC price struggles to hold above $24.9,000

    August 14, 2022

    ETH Trades Above $2000; Price set to bounce

    August 13, 2022

    BNB/USD Price Analysis for August 14: Binance Coin Bulls Are Tiring

    August 13, 2022
  • Altcoins

    Crypto Market Review, July 25

    August 13, 2022

    Zipmex opens crypto withdrawals after pause due to market volatility

    August 13, 2022

    Best Coin Alternatives Under $1 To Buy – Pugglit Inu & Cardano

    August 13, 2022

    Bear Market Altcoins to Watch CryptoBlog

    August 12, 2022

    The top three altcoins to invest in during the bear market

    August 12, 2022
  • Ethereum

    Ethereum Market Sees Leverage Stacking As ETH Surpasses $2,000

    August 13, 2022

    Ethereum regains its dominance over stablecoins

    August 13, 2022

    Ethereum: it’s the dress rehearsal before the big change

    August 13, 2022

    New findings show that institutional investors are more interested in Ethereum

    August 12, 2022

    Ethereum leads the charge against Bitcoin, up 61% since June – Flippening price target at $3,750

    August 12, 2022
  • Regulations

    UK bipartisan group launches inquiry on digital asset regulations

    August 13, 2022

    What are crypto pump-and-dump groups? Are they legal?

    August 13, 2022

    Dogecoin (DOGE) Price Prediction 2025-2030: DOGE to $0.80 by 2030?

    August 13, 2022

    UK financial watchdog exec hints at importance of international collaboration on crypto regulation

    August 13, 2022

    Crypto and blockchain-related regulations are fast catching up worldwide

    August 13, 2022
  • Technology

    How is the crypto industry helping esports grow?

    August 14, 2022

    Crypto Privacy Protocol Monero gets a major update

    August 14, 2022

    Bitcoin and Blockchain Discussed at Latest Business@Breakfast Event Hosted by Harrison County Chamber, West Virginia – WV News

    August 14, 2022

    Why Justin Sun was blocked from this Ethereum DeFi protocol

    August 13, 2022

    Join Senior Crypto Reporters @jacqmelinek &@AnitaRamaswamy Tuesday at 1pm PT / 4pm… – Latest Tweet from TechCrunch

    August 13, 2022
The Crypto News
Home»Blockchain»BTC is trading below $22,000 as bears show up
Blockchain

BTC is trading below $22,000 as bears show up

July 27, 2022No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Bitcoin price prediction shows that BTC is currently down 3.78% after breaking through the negative side terribly.

Bitcoin prediction statistical data:

  • Bitcoin Price Now – $21,728
  • Market cap of Bitcoin – $422.2 billion
  • Circulating supply of Bitcoin – 19.1 million
  • Total Bitcoin supply – 19.1 million
  • Coinmarketcap Bitcoin Ranking – #1

BTC/USD Long Term Trend: Bearish (Daily Chart)

Key levels:

Resistance levels: $30,000, $32,000, $34,000

Support levels: $15,000, $13,000, $11,000

The daily chart reveals that BTC/USD is trading below the $22,000 level. As the price of Bitcoin fails to stay above this level, the coin could likely experience another sharp decline below the $21,500 support level. However, the red 9-day MA line is likely to cross below the green 21-day MA line as the relative strength index (14) crosses below the 50 level.

Bitcoin Price Prediction: Bitcoin (BTC) Could Fall More

The daily chart reveals that the bitcoin price refuses to shift to the positive side as the coin prepares for a further drop below the $21,500 level. However, the first level of support could be around $21,000. Below that, further supports lie at $15,000, $13,000 and $11,000. Meanwhile, a break above the previous $22,665 level could allow Bitcoin to retest the $23,000 level.

Punt Crypto Casino Banner

Now, the price of Bitcoin is likely to break below the 21-day moving average, which could become new support. Additionally, traders can see that the price of Bitcoin is poised to drop further. More so, if the coin moves higher, the centerpiece could locate potential resistance levels at $30,000, $32,000, and $34,000.

BTC/USD Medium-Term Trend: Range (4H Chart)

The 4-hour chart shows that Bitcoin bulls are likely to come back into the market pushing the BTC price above the $23,000 resistance level. Although Bitcoin price has yet to break above $22,500, it is still bouncing back.

BTCUSD – 4 Hour Chart

Looking at the chart, Bitcoin price is likely to break above the 9-day and 21-day moving averages as the possible upward move could push the price to the nearest resistance level at $24,000 and above. On the other hand, any further bearish movement below the lower boundary of the channel may locate support at $20,500 and below. The Relative Strength Index (14) technical indicator is heading towards the 50 level, suggesting a bullish move.

Battle Infinity – New Crypto Presale

Infinity Battle
  • Presale until October 2022 – 16500 BNB Hard Cap
  • First Fantasy Sports metaverse game
  • Play to Earn Utility – IBAT Token
  • Powered by Unreal Engine
  • CoinSniper Verified, Strong Proof Verified
  • Battleinfinity.io roadmap and whitepaper

Infinity Battle


Read more:

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Indian authorities freeze Vauld’s assets

August 14, 2022

Brazil introduces bill to tokenize gold on blockchain

August 14, 2022

BTC price struggles to hold above $24.9,000

August 14, 2022

ETH Trades Above $2000; Price set to bounce

August 13, 2022
Add A Comment

Leave A Reply Cancel Reply

Latest

S&P Global downgrades Coinbase credit rating for weak Q2 earnings and competitive pressures

August 14, 2022

Axie Infinity cuts rewards from classic gameplay, subtly forcing P2E players into a new mode

August 14, 2022

Here are the Bitcoin price levels to watch as BTC drops 5% from the highs

August 14, 2022
We are social
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

News
  • Altcoins (345)
  • Bitcoin (528)
  • Blockchain (599)
  • Ethereum (152)
  • News (580)
  • Regulations (612)
  • Technology (590)
News
  • Altcoins (345)
  • Bitcoin (528)
  • Blockchain (599)
  • Ethereum (152)
  • News (580)
  • Regulations (612)
  • Technology (590)
Get Informed

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Top Insights

Peter Schiff to Liquidate Euro Pacific Bank in Settlement with Puerto Rican Regulator – Featured Bitcoin News

August 14, 2022

Embrace Satoshi Standard Adoption – Bitcoin Magazine

August 14, 2022

Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’ – Featured Bitcoin News

August 14, 2022
Facebook Twitter Instagram Pinterest
  • About us
  • Privacy policy
  • Terms and services
  • Contact us
© 2022 Designed by thecryptonews.co.uk.

Type above and press Enter to search. Press Esc to cancel.