$18,200 and $20,000 price levels<\/a>. Bitcoin will resume an uptrend when price breaks the $20,000 high or the 21-day line SMA and the bullish momentum is sustained. Similarly, Bitcoin will continue to sink to the downside where sellers breach the $18,200 support.<\/p>\r\nNYDIG Plans to Raise $720M for Its Institutional Bitcoin Fund<\/h2>\r\n NYDIG or the New York Digital Investment Group intends to raise $720 million for Its Institutional Bitcoin Fund. The recent press release shows the company’s commitment to HODLing. A United States Securities and Exchange (SEC) filing could reveal the group’s intent to add more Bitcoin to its balance sheet. According to an amended SEC filing, the group has raised $720 million for its institutional Bitcoin fund. Presently, Fifty-nine investors have contributed an average of $12 million each to the fund.<\/p>\r\nBTC\/USD – Weekly Chart<\/figcaption><\/figure>\r\nMeanwhile, Bitcoin is falling after breaking above the 21-day line SMA as it faces strong resistance at $20K. It is facing selling pressure at the $20,000 resistance zone. The Relative Strength Index has risen to level 48 because of the recent upward correction. The cryptocurrency is likely to decline to the range-bound zone between $18,200 and $20,000 price levels.
Bitcoin Resumes Its Range-Bound Move as It Faces Strong Resistance at $20K – September 30, 2022 The largest cryptocurrency makes a positive move but faces
[…]<\/a><\/div>","protected":false},"author":1742,"featured_media":349470,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[734,5319,7812,7632],"class_list":["post-349401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-bitcoin","tag-btc","tag-btc-usd","tag-price-analysis"],"acf":[],"yoast_head":"\nBitcoin Price Prediction for Today September 30: BTC Price Faces Strong Resistance at $20K<\/title>\n<meta name=\"description\" content=\"The largest cryptocurrency makes a positive move but faces strong resistance at $20K. 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