3 Experts Take On The Bitcoin Price, Will $19,000 Hold Or Break?

3 Experts Take On The Bitcoin Price, Will $19,000 Hold Or Break?


The Bitcoin price has been moving sideways on low timeframes after experiencing a rejection north of $20,000. The number one cryptocurrency by market cap was benefiting from Ethereum’s “Merge” bullish momentum, but with that factor gone, bears seem to be back in control.

At the time of writing, the Bitcoin price trades at $19,200 with a 14% loss over the past week and sideways movement in the last 24 hours. The cryptocurrency crashed below a critical support zone at around $18,500 during the weekend which has provided bearish arguments with fresh ammunition to forecast a new yearly low.

BTC’s price moving sideways on the 4-hour chart. Source: BTCUSDT Tradingview The Last Line Of Defense For The Bitcoin Price?

Trending: Banks Already Restricting Cash Withdrawals In USA?

The Bitcoin price trended to the

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend