BTC rutscht Ënner $ 19,000; Ass dat alles fir Bulls?

The Bitcoin price prediction reveals that BTC retreats sharply after retesting the $19,234 level, and the king coin could dive to a new monthly low.

Bitcoin Prediction Statistiken:

• Bitcoin Präis elo - $ 18,610
• Bitcoin Maartkapital - $ 357.4 Milliarden
• Bitcoin zirkuléierend Versuergung - 19.1 Milliounen
• Bitcoin Gesamtversuergung - 19.1 Milliounen
• Bitcoin Coinmarketcap Ranking - #1

BTC / USD Laangzäittrend: rangéiert (deeglech Grafik)

Schlëssel Niveauen:

Resistenzniveauen: $ 23,000, $ 25,000, $ 27,000

Ënnerstëtzungsniveauen: $ 16,000, $ 14,000, $ 12,000

Kaaft elo Bitcoin

Äert Kapital ass a Gefor

BTC/USD is trading around $18,610 within the 9-day and 21-day moving averages. Looking at the daily chart, Bitcoin (BTC) is likely to follow a bearish zone, and it could slide below the lower boundary of the channel to touch the nearest support at $17,000.

Bitcoin Präisprediktioun: Géif Bitcoin (BTC) Méi Downs briechen?

d' Bitcoin Präis ännert am Moment Hänn op $ 18,610, awer, wou BTC Trends nächste kënnen deelweis ofhänken, ob Keefer d'Käerz vun haut iwwer dem Niveau vun $ 19,000 zoumaachen oder net. Sollt am Fall dat ze spillen kommen, kënnen d'Bullen d'Präisser méi héich promovéieren, an dann kënnen d'Händler erwaarden datt d'Kinnek Mënz iwwer d'$22,000 Resistenz eropgeet, wat spéider op déi potenziell Resistenzniveauen op $23,000, $25,000, an $27,000 kéint bewegen.

On the other hand, if the Bitcoin price failed to close above the $19,000 level; the price could drop below the lower boundary of the channel. A low drive could send the price to $16,000, $14,000, and $12,000 supports. Meanwhile, the technical indicator Relative Strength Index (14) has recently revealed a sign of trend reversal as the signal line shows a possible bearish momentum within the chart.

BTC / USD mëttelfristeg Trend: rangéiert (4H Chart)

Looking at the 4-hour chart, BTC/USD is trading below the 9-day and 21-day moving averages. Looking at it from above, if the Bitcoin price could cross above the moving averages, then the next level of resistance could be $19,500 along with the significantly mentioned ascending trend-line. The next resistance could be $20,000 and above.

Meanwhile, as the technical indicator ranges, this might have signaled a temporary end to the bullish trend of Bitcoin for a moment. However, if the coin falls toward the lower boundary of the channel, the market price may likely reach the support levels of $18,000 and below.

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