Looking at the 4-Hour chart, the BTC price keeps hovering around $23,861 and could take time to cross above the 9-day and 21-day moving averages. However, if the bulls gather enough strength, the upward movement may be able to near the resistance levels of $25,000 and above.<\/p>\n
![\"\"](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/BTCUSD_4H_13082022.png\")
On the downside, immediate support could be located around the $23,500 level while the critical support is at $23,000 and below. Therefore, the Bitcoin price may likely fall towards the lower boundary of the channel if the bears put more pressure on the market, more so, the Relative Strength Index (14) is below the 50-level, suggesting a bearish movement.<\/p>\n\n \n
Related<\/strong><\/p>\n
- \n
- How to Buy Tamadoge<\/a><\/li>\n
- Visit Tamadoge Website<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"Bitcoin (BTC) trades below $24,000 seeing a 0.88% decline over the past few hours as the coin fails to trade above $25,000. Bitcoin Prediction Statistics […]<\/a><\/div>","protected":false},"author":1742,"featured_media":340828,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[734,5319,7991,7992],"class_list":["post-340826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-bitcoin","tag-btc","tag-btcusd","tag-technical-analysis"],"acf":[],"yoast_head":"\n
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