HomeBlockchainBTC Worth Slumps to $19K


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Bitcoin Turns Down from the Fresh Top as BTC Worth Slumps to $19K – October 23, 2022

Bitcoin rebounds however is not able to conquer the new prime as BTC Worth slumps to $19K. Then again, the BTC/USD value is suffering to damage the 50-day line on the time of writing. The present push is drawing near the overbought area of the marketplace. By the way, this will likely have an effect on the present uptrend.

Bitcoin Worth Statistics Information:
•Bitcoin value now – $19,459.79
•Bitcoin marketplace cap – $373,356,779,902
•Bitcoin circulating provide – 19,187,793.00 BTC
•Bitcoin general provide – $408,436,724,210
•Bitcoin Coinmarketcap rating – # 1

Resistance Ranges: $50,000, $55, 000, $60,000
Reinforce Ranges: $25,000, $20,000, $15,000

On October 23, the BTC value made a favorable transfer because it broke above the transferring moderate traces. The present bullish momentum is inconclusive because the BTC value is caught on the 50-day line SMA. Consumers are having some problem within the present uptrend because the marketplace reaches the overbought area. At the upside, if consumers conquer the preliminary resistance at $19,900, Bitcoin will upward push to $20,400. The uptrend will proceed to the former prime of $22,000 if the bulls transparent the $20,400 hurdle. Conversely, if BTC value turns down from the 50-day line SMA, Bitcoin will decline and resume its range-bound transfer between $18,800 and $19,900 value ranges. Lately, BTC/USD is buying and selling at $19,459 and between the transferring moderate traces.

Spain is the third-largest crypto ATM middle because it overtakes El Salvador

After america and Canada, Spain is the professional house of the third-largest community of Bitcoin and cryptocurrency ATMs. El Salvador, which has 212 crypto ATMs, has fallen to fourth position as Spain, which at the moment has 215 crypto ATMs, has surpassed it via 3 crypto ATMs. Spain is showed to account for 0.6% of all crypto ATM installations international, in keeping with information from CoinATMRadar. Alternatively, since September 2022, the collection of crypto ATM installations international has reduced; on the time of writing, they’re recently convalescing slowly. Round seven crypto ATMs are being erected day by day all the way through the sector, in keeping with calculations the use of knowledge from the former 60 days.

In the meantime, the uptrend has been interrupted because the BTC value slumps to $19K. The most important cryptocurrency has fallen to the range-bound zone. Within the earlier value motion, Bitcoin has been fluctuating between $18,800 and $19,900 value ranges.

Bitcoin Price Prediction for Today, October 23: BTC Price Slumps to $19K
BTC/USD – 4 Hour Chart

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