ETH Price Prediction: Today’s Ehereum Price, 15th Nov 2022
The second-most valuable cryptocurrency, Ethereum, has declined more than 20% over the...
BTC Price Prediction: Today’s Bitcoin Price, 15th Nov 2022
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The FTX bankruptcy has produced market volatility and a risk-off mood, and as a result, Bitcoin is down about 20% in just seven days to trade at $16,789 at this time.
Major cryptocurrencies entered the red early on November 14 as a result of the previous day’s nearly 4% decline in the global crypto market value to $810.59 billion. In contrast, the entire volume of the cryptocurrency market rose by nearly 12% in the previous day to $60.78 billion.
DeFi’s overall volume was $4.23 billion, or almost 7% of the total 24-hour volume in the cryptocurrency market. Stablecoin activity totaled $56.48 billion, or 92% of the total 24-hour volume of the cryptocurrency market.
Today Bitcoin Price
| DATE | BTC | USD |
|---|---|---|
| Today | 01 | 16,602.24 |
Bitcoin Price Prediction
Bitcoin is currently trading at $16,798 and has a $37 billion 24-hour trading volume. Within the past 24 hours, Bitcoin has climbed by 0.20%. With a live market capitalization of $322 billion, CoinMarketCap is presently ranked first. 19,206,950 BTC coins are now in circulation, with a maximum supply of 21,000,000 BTC coins.
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Future price movement will be determined by a breakout from the huge trading range that bitcoin is now consolidating in between $18,000 and $16,000. In the last four hours, Bitcoin has finished a 38.2% Fibonacci retracement at the $18,100 level, and it is presently stable.
a successful crossover over $18,100. The price of Bitcoin may be exposed at this level to the $19,350 61.8% Fibonacci level. Bitcoin may drop below $15,965 if it is unable to pass through the 38.2% Fibonacci retracement mark of $18.250.
The 50-day moving average and RSI are still in the selling zone, but the MACD, a leading technical indicator, has moved into the buying zone. If the final candles close below $18,000, BTC may continue to decline, finding support at $16,000 and 15,850.
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