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Showing posts with the label short term

Crypto Prices take a dip- Time to buy?

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Join Our Telegram channel to stay up to date on breaking news coverage With the last couple of weeks being a completely volatile run for the cryptocurrency industry, investors have been trying to find opportunities to buy the dips. While the introduction of newer projects is still as speedy as before, there has been a considerable decrease in the interest shown by the larger audience; at least for projects that don’t show considerable promise in terms of growth. Since the 2021 bull run , cryptocurrencies have been a term almost everyone has come to hear of. But while the interest around these digital assets was at an all-time high just a couple of months ago back in 2021, the same can’t be said now. This drastic decrease in engagement can be routed to the economic crisis the world is currently facing. The market crash in 2022, speculation of war, opposition from several government institutions etc are some other reasons. However, this hasn’t put a stop to the ...

Bitcoin Price Prediction for Today, October 10: BTC/USD Bears Could Demolish $19,000 Support

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The Bitcoin price prediction shows that BTC keeps trading below the moving averages as the coin touches $19,100 support. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,222 Bitcoin market cap – $368.6 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: $22,000, $24,000 $26,000 Support Levels: $17,000, $15,000, $13,000 Buy Bitcoin Now Your capital is at risk BTC/USD is currently facing a setback as this could be a permanent one as revealed by the daily chart. The king coin is likely to have a bearish run in the short term as a price rally may help the coin to head to the south. Currently, Bitcoin (BTC) is trading around the $19,222 level after a free fall from $19,528 during the European session and the coin has shown tremendous volatility over the past few days. Bitcoin Price Predi...