- Bitcoin price prediction suggests the cryptocurrency giant’s consolidation phase at the lowest level over the daily price chart.
- BTC crypto has slipped below 20, 50, 100 and 200-days Daily Moving Average.
- Bitcoin the traditional cryptocurrency is finally trying to remain above $15000 as it rebounds from the $15500 and is preparing for its recovery.
Bitcoin price prediction suggests the token’s consolidation phase and its bloodbath at the lower level over the daily price chart. The cryptocurrency market has been going through some tough times as BTC slumps till $15500 and is finally looking for its recovery over the daily price chart. The price dump occurred as soon as the traditional cryptocurrency left the previous consolidation phase and faltered to gather support after falling below $18500. However, this time BTC looked pretty confident to register its recovery phase over the daily price chart.
Bitcoin price is currently approximated at $16449 and has gained 1.60% of its market capitalization in the last 24-hour period. However, trading volume has decreased by 11.27% during the intraday trading session. This indicates that BTC is still facing short selling pressure during the intraday trading session.
Bitcoin price prediction suggests the sideways momentum of the traditional cryptocurrency. BTC still needs to accumulate buyers in order to surge towards the recovery zone over the daily chart. However, volume change can be seen below average and needs to grow for BTC to recover itself. Meanwhile, BTC crypto has slipped below 20, 50, 100 and 200-days Daily Moving Average.
This Indicator is about to Experience a Positive Crossover!
សូចនាករបច្ចេកទេសបង្ហាញពីសន្ទុះនៃទិសដៅកើនឡើង BTC អ crypto. Relative Strength Index showcases the uptrend momentum of BTC over the daily chart. RSI is at 38 and is heading towards neutrality. MACD exhibits the uptrend momentum of BTC. The MACD line is about to cross the signal line upwards, registering a positive crossover. BTC investors may witness a significant recovery as soon as MACD experiences a positive crossover.
សន្និដ្ឋាន
Bitcoin price prediction suggests the token’s consolidation phase and its bloodbath at the lower level over the daily price chart. The cryptocurrency market has been going through some tough times as BTC slumps till $15500 and is finally looking for its recovery over the daily price chart. However, volume change can be seen below average and needs to grow for BTC to recover itself. Meanwhile, BTC crypto has slipped below 20, 50, 100 and 200-days Daily Moving Average. BTC investors may witness a significant recovery as soon as MACD experiences a positive crossover.
កំរិតបច្ចេកទេស
កម្រិតគាំទ្រ៖ $15500 និង $15300
កម្រិត Resistance $17000 និង $17600
ការមិនទទួលខុសត្រូវ
ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះក្នុងអត្ថបទនេះគឺសម្រាប់តែគំនិតព័ត៌មានប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតហិរញ្ញវត្ថុ ការវិនិយោគ ឬដំបូន្មានផ្សេងទៀតទេ។ ការវិនិយោគលើ ឬជួញដូរទ្រព្យសកម្មគ្រីបតូមកជាមួយហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។
Source: https://www.thecoinrepublic.com/2022/11/23/bitcoin-price-prediction-btc-fighting-for-its-existence-not-over-yet/