Bitcoin Price Prediction for Today, October 7: BTC Stumbles Again After Touching $20,065 Resistance
The Bitcoin price prediction shows that BTC may fall below the 21-day moving average if it touches the support of the $19,000 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,455 Bitcoin market cap – $372.6 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $23,000, $25,000, $27,000 Support Levels: $17,000, $15,000, $13,000 Buy Bitcoin Now Your capital is at risk The daily chart reveals that BTC/USD may claim more support as the king coin moves within the descending channel with the current consolidation pattern. More so, as the coin fails to cross above the upper boundary of the channel, the Bitcoin price may likely see a sharp drop toward the lower boundary of the channel. However, the nearest support may be located at $18,000. Beneath this, other supports could be found at...