Bitcoin Price Prediction for Today October 6: BTC Price Is Unstable above $20K Support
Bitcoin Trades Marginally as It Is Unstable above $20K Support – October 6, 2022
Bitcoin has slumped below the 50-day line SMA as it is unstable above $20K support. The largest cryptocurrency may also lose the $20,000 psychological price level. BTC/USD is trading at $20,037 at the time of writing. Bitcoin Price Statistics Data: •Bitcoin price now – $20,037.14 •Bitcoin market cap – 384,181,226,640 •Bitcoin circulating supply – 19,171,625.00 BTC •Bitcoin total supply – $420,862,797,176 •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 its rejection at $20,543, Bitcoin has fallen between the moving average lines. It is trading marginally below the 50-day line SMA but above the 21-day line SMA. The cryptocurrency is likely to be range bound between the moving average lines for a few more days. ...