Bitcoin Price Prediction for Today, November 2: BTC/USD Price At Risk; Bulls Defend $20,000 Support
The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move below the 9-day and 21-day moving averages. Bitcoin Prediction Statistics Data: Bitcoin price now – $20,432 Bitcoin market cap – $392 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $24,000, $25,000, $26,000 Support Levels: $18,000, $17,000, $16,000 At the time of writing, BTC/USD is trading at $20,432 with sideways movement in the last 24 hours. The Bitcoin price is holding on at its current levels with bullish momentum fading on lower timeframes. BTC/USD couldn’t break the resistance level of $21,000 with the current consolidation pattern as it fails to cross above the upper boundary of the channel. Bitcoin Price Prediction: Bitcoin (BTC) Could Spark a Fresh Surge The Bitcoin price is con...