Bitcoin Price Prediction for Today July 12: BTC Price Drops below $20K as Buyers Step In
Bitcoin Regains Bullish Momentum as Buyers Step In – July 12, 2022
Bitcoin’s (BTC) price has fallen below the moving average lines as buyers step in. The largest cryptocurrency has fallen below the $20,000 psychological price level. BTC/USD risks further decline if the coin fails to rebound above the current support. Bitcoin is trading at $19,488 at the time of writing.
Bitcoin Price Statistics Data: •Bitcoin price now – $19,488.08 •Bitcoin market cap – $372,282,327,069 •Bitcoin circulating supply -19,092,493.00 BTC •Bitcoin total supply – $409,476,062,396 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000
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Following the recent rally , BTC price broke above the 21-day line SMA to reach the high of $22, 425. The bulls were unable to keep the price above the 50-day line SMA. A break above the 50-day line SMA will propel Bit...