Bitcoin Price Prediction for Today, October 23: BTC Price Slumps to $19K
Bitcoin Turns Down from the Recent High as BTC Price Slumps to $19K – October 23, 2022
Bitcoin rebounds but is unable to overcome the recent high as BTC Price slumps to $19K. However, the BTC/USD price is struggling to break the 50-day line at the time of writing. The current push is approaching the overbought region of the market. Incidentally, this will affect the current uptrend. Bitcoin Price Statistics Data: •Bitcoin price now – $19,459.79 •Bitcoin market cap – $373,356,779,902 •Bitcoin circulating supply – 19,187,793.00 BTC •Bitcoin total supply – $408,436,724,210 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 On October 23, the BTC price made a positive move as it broke above the moving average lines. The current bullish momentum is inconclusive as the BTC price is stuck at the 50-day line SMA. Buyers are having some difficulty in the ...