BTC Slumps Below $19,000; TAMA is now sold out!

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The Bitcoin (BTC) value sees a 4.93% decline over the previous few hours because the cryptocurrency fails to $18,255 help.

Bitcoin Prediction Statistics Data:

Bitcoin value now – $18,457
Bitcoin market cap – $353.6 billion
Bitcoin circulating provide – 19.1 million
Bitcoin complete provide – 19.1 million
Bitcoin Coinmarketcap rating – #1

BTC/USD Long-term Trend: Ranging (Daily Chart)

Key ranges:

Resistance Levels: $22,000, $24,000, $26,000

Support Levels: $16,000, $14,000, $12,000

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BTC/USD loses its momentum after touching key resistance above $19,516. As of writing, the pair is down 4.93% on the day at $18,459 beneath the 9-day and 21-day transferring averages. Meanwhile, Bitcoin (BTC) could battle to shut above $19,000 and if it does, it needs to be free to rise effectively above $20,000 if it strikes within the subsequent optimistic route.

Can Bitcoin Price Trade Above $19,000? Tamadoge is sold out!

After a barely optimistic transfer above $19,500, the Bitcoin value is sliding beneath the 9-day and 21-day transferring averages. Over the previous few days, the king coin is prone to break beneath the decrease boundary of the channel. Moreover, in in the present day’s session, the coin tried to push greater, however the sellers step in and begin bringing the coin decrease to the touch the each day low of $18,255.

Moreover, if the coin strikes decrease, the $18,000 could function the closest help stage, which can possible make room for the coin to fall additional to hit the helps at $16,000, $14,000, and $12,000. The Relative Strength Index (14) nosedives beneath 40-level point out a downward motion. On the opposite, BTC/USD might push greater to see the resistance ranges of $22,000, $24,000, and $26,000.

BTC/USD Medium-term Trend: Ranging (4H Chart)

On the 4-Hour chart, the BTC value hovers round $18,692 and will take time to cross above the 9-day and 21-day transferring averages. More so, if the bulls collect sufficient energy, the upward motion could possibly close to the resistance ranges of $20,500 and above.

On the draw back, instant help could possibly be positioned across the $18,000 stage whereas the vital help is at $17,000 and beneath. Therefore, the Bitcoin value could possible fall in the direction of the decrease boundary of the channel if the bears put extra strain in the marketplace, More so, the Relative Strength Index (14) strikes to cross above the 30-level, suggesting a bullish motion.

Tamadoge, an ERC-20 token, may also have its preliminary DEX providing (IDO) on Uniswap. TAMA is set to record at a value of $0.03. As the Tamadoge presale sold out sooner than anticipated, the group is reportedly transferring ahead with all TAMA crypto trade listings to happen within the coming days.

Tamadoge – Play to Earn Meme Coin