BTC verléiert Ënnerstëtzung Ënner $19,000

The Bitcoin price prediction shows that BTC is falling below the moving averages as it trades at the $19,287level.

Bitcoin Prediction Statistiken:

  • Bitcoin Präis elo - $ 19,287
  • Bitcoin Maartkapital - $ 638.0 Milliarden
  • Bitcoin zirkuléierend Versuergung - 19.0 Milliounen
  • Bitcoin Gesamtversuergung - 19.0 Milliounen
  • Bitcoin Coinmarketcap Ranking - #1

BTC / USD Laangzäittrend: Bearesch (deeglech Grafik)

Schlëssel Niveauen:

Resistenzniveauen: $ 25,000, $ 27,000, $ 29,000

Ënnerstëtzungsniveauen: $ 15,000, $ 13,000, $ 11,000

Déi deeglech Graf weist datt BTC / USD will likely claim more support as the king coin moves within the descending channel with the current consolidation pattern. More so, as the coin fails to cross above the 9-day and 21-day moving averages, BTC/USD may likely see a sharp drop below the lower boundary of the channel. Similarly, the first level of support may be located at $18,000. Beneath this, other supports lie at $15,000, $13,000, and $11,000.

Bitcoin Price Prediction: Bitcoin (BTC) May Not Head to the Upside Now

As the daily chart reveals, the Bitcoin price has failed to break above the resistance level at $20,000, the king coin may set up another few days of negative price declines beneath $19,000. A break above the previous level would have set Bitcoin up to retest the $21,000 level. Meanwhile, the technical indicator Relative Strength Index (14) may move sideways.

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Moreover, traders can see that the Bitcoin price remains below the 9-day moving average, sliding towards the lower boundary of the channel may gain more downtrends. Today, the Bitcoin price touches $20,879 but now dropping beneath the support level of $19,500. However, it does look that bears may end up closing below this support. More so, if the coin moves toward the upside, resistance levels could be located at $25,000, $27,000, and $29,000.

BTC / USD Mëttelfristeg Trend: Rangéierend (4H Chart)

D'4-Stonn Diagramm weist datt d'Bitcoin Bulls wahrscheinlech zréck an de Maart kommen, andeems de BTC Präis dréckt fir iwwer d'9-Dag an 21-Deeg bewegend Duerchschnëtt ze kräizen. Och wann de Bitcoin Präis an de leschte Stonnen nach net ënner $ 19,000 gefall ass, ass et nach ëmmer an der Loop fir e Réckbléck ze maachen.

BTCUSD - 4-Stonne Chart

Am Moment bewegt BTC / USD de Moment ënner de bewegt Duerchschnëtt. Déi Upward Bewegung kann méiglecherweis de Präis noosten Widderstand bei $ 21,500 a méi drécken, während déi direkt Ënnerstëtzung bei $ 17,500 an ënner läit. Den techneschen Indikator Relative Strength Index (14) bewegt sech iwwer de 40-Niveau ze kräizen, wat suggeréiert datt de Maart an den Norden ka goen.

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Source: https://insidebitcoins.com/news/bitcoin-price-prediction-for-today-july-1-btc-loses-support-below-19000