Bitcoin support levels - $20,000 $19,700 and $19,200 strong Support
Bitcoin resistance - $20,800 and $21,000 strong resistance
Market depends upon Bitcoin movement so trade with risk management. We updated the Bitcoin support and resistance & more.
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Analysis:
Bitcoin price is currently consolidating below $20,650.
RSI also shows Hidden bullish divergence which is a positive sign and soon we may see some bullish movement in BTC price.
The next major resistance is still near $21,000, above which the price may perhaps start a fresh surge
BTC closed its daily candle red at $20,483.
Manage your risk according to mentioned support & resistance levels Please be aware that the market will be volatile today as FED interest rate decision will be released at 11 PM Pakistan standard time, Exchanges will try to hunt stop loss so avoid high leverage trade.
Today's Cryptocurrency Prices by Market Cap
The global crypto market cap is $1.00T, a 1.62% decrease over the last day.
The total crypto market volume over the last 24 hours is $70.87B, which makes a 17.40% decrease. The total volume in DeFi is currently $3.37B, 4.76% of the total crypto market 24-hour volume. The volume of all stable coins is now $64.17B, which is 90.54% of the total crypto market 24-hour volume.
Bitcoin dominance is currently 38.98%, an increase of 0.38% over the day.
Bitcoin resistance - $20,800 and $21,000 strong resistance
Market depends upon Bitcoin movement so trade with risk management. We updated the Bitcoin support and resistance & more.
———————————————————————
Analysis:
Bitcoin price is currently consolidating below $20,650.
RSI also shows Hidden bullish divergence which is a positive sign and soon we may see some bullish movement in BTC price.
The next major resistance is still near $21,000, above which the price may perhaps start a fresh surge
BTC closed its daily candle red at $20,483.
Manage your risk according to mentioned support & resistance levels Please be aware that the market will be volatile today as FED interest rate decision will be released at 11 PM Pakistan standard time, Exchanges will try to hunt stop loss so avoid high leverage trade.
Today's Cryptocurrency Prices by Market Cap
The global crypto market cap is $1.00T, a 1.62% decrease over the last day.
The total crypto market volume over the last 24 hours is $70.87B, which makes a 17.40% decrease. The total volume in DeFi is currently $3.37B, 4.76% of the total crypto market 24-hour volume. The volume of all stable coins is now $64.17B, which is 90.54% of the total crypto market 24-hour volume.
Bitcoin dominance is currently 38.98%, an increase of 0.38% over the day.