{"id":347858,"date":"2022-09-24T13:51:31","date_gmt":"2022-09-24T17:51:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=347858"},"modified":"2022-09-24T13:51:31","modified_gmt":"2022-09-24T17:51:31","slug":"btc-slides-below-19k-as-tama-pushes-up","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/btc-slides-below-19k-as-tama-pushes-up","title":{"rendered":"BTC Slides Below $19k as TAMA Pushes Up"},"content":{"rendered":"
The Bitcoin (BTC) price sees a 1.25% decline today as the cryptocurrency fails to cross above the 9-day moving average.<\/p>\n
Key levels:<\/p>\n
Resistance Levels: $22,000, $24,000, $26,000<\/p>\n
Support Levels: $17,000, $15,000, $13,000<\/p>\n
Buy Bitcoin Now<\/span><\/a>\n<\/p> Your capital is at risk<\/p>\n BTC\/USD loses its momentum after touching key resistance above $19,300. As of writing, the king coin is down 1.24% on the day at $18,904 hovering below the 9-day and 21-day moving averages. Meanwhile, Bitcoin<\/a> may struggle to close above $19046 and if it does, it should be free to rise well above this level if it moves in the next positive direction.<\/p>\n After a slightly positive move above $19,300 during the European session today, the Bitcoin price<\/a> is sliding below the 9-day and 21-day moving averages. Over the past few days, the king coin has been struggling to break to the upside. Moreover, in today’s session, the coin attempted to push higher but the bears stepped in and start pushing the coin lower to touch the daily low of $18,904<\/p>\n Nevertheless, if the coin moves lower, the $18,000 may serve as the nearest support level, which may give room for the coin to fall further to hit the supports at $17,000, $15,000, and $13,000. The Relative Strength Index (14) may cross below the 40-level to confirm the downward movement. On the contrary, if the coin breaks above the moving averages, it may cause the king coin to hit the resistance levels of $22,000, $24,000, and $26,000 which is before the upper boundary of the channel.<\/p>\n The Bitcoin price is hovering at $19,032 at the time of writing and could take time to cross above the upper boundary of the channel. However, if the bulls gather enough strength, the upward movement may be able to near the resistance level of $20,500 and above.<\/p>\n On the downside, immediate support could be located around the $19,500 level while the critical support is at $18,000 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 OKX (formerly OKEx) is a centralized exchange (CEX) that also has its own DEX, where Tamadoge will also be tradeable – for those unable to register on OKX depending on their country of residence. The DEX listing will take place at 17:00 UTC, also on the 27th.<\/p>\n\n \n","protected":false},"excerpt":{"rendered":"Bitcoin (BTC) May Trade below $19k; Buy Tamadoge (TAMA) Today<\/h2>\n
BTC\/USD Medium-term Trend: Bearish (4H Chart)<\/h2>\n