WATCH: Bitcoin Barely Holds Onto $20,000 Support | BTCUSD September 16, 2022

WATCH: Bitcoin Barely Holds Onto $20,000 Support | BTCUSD September 16, 2022


In this episode of NewsBTC’s daily technical analysis videos, we provide a weekly wrap up on Bitcoin price action and look ahead into what might be a critical weekend for crypto.

Take a look at the video below:

VIDEO: Bitcoin Price Analysis (BTCUSD): September 16, 2022

Overall, there isn’t all that much more to report this week. Bitcoin is still struggling to maintain support and continues to creep lower and lower. We could get some sort of larger movement soon, however. The LMACD is close to crossing bearish on the daily.  Sometimes, although the crossover looks all but guaranteed, the two lines can diverge upward and prices begin to climb.

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