{"id":351231,"date":"2022-10-13T17:02:15","date_gmt":"2022-10-13T21:02:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=351231"},"modified":"2022-10-13T17:02:15","modified_gmt":"2022-10-13T21:02:15","slug":"bitcoin-price-prediction-for-today-october-13-btc-usd-threatens-19000-support-price-touches-18k-low","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-october-13-btc-usd-threatens-19000-support-price-touches-18k-low","title":{"rendered":"Bitcoin Price Prediction for Today, October 13: BTC\/USD Threatens $19,000 Support; Price Touches $18k Low"},"content":{"rendered":"
The Bitcoin price prediction reveals that BTC continues to head to the downside as its price moves below $19,000 to touch the low of $18,131.<\/p>\n
Key levels:<\/p>\n
Resistance Levels: $22,000, $24,000, $26,000<\/p>\n
Support Levels: $16,000, $14,000, $12,000<\/p>\n
Buy Bitcoin Now<\/strong><\/span><\/a>\n<\/p> Your capital is at risk<\/p>\n BTC\/USD is trading around $18,440 below the 9-day and 21-day moving averages as the king coin heads to the downside. At the time of writing, Bitcoin (BTC) has remained in a bearish zone, and it is likely to touch the support of $18,000. However, the Bitcoin price<\/a> is now plunging below the former resistance level of $19,174 which may cause many investors to take profits off the table.<\/p>\n The Bitcoin price<\/a> is currently changing hands at $18,440, however, where BTC trends next may partly depend on whether or not buyers can close today’s candle above the $19,000 level. Should in case this comes to play, the bulls may propel prices higher, and then traders may expect the king coin to rise above the $20,000 resistance, which could later move towards the potential resistance levels at $22,000, $24,000, and $26,000.<\/p>\n On the other hand, if the Bitcoin price failed to close above the $19,000 level; the price could drop toward the lower boundary of the channel. A low drive could send the price to $16,000, $14,000, and $12,000 supports. Meanwhile, the technical indicator Relative Strength Index (14) crosses below the 40-level as the signal line shows a continuous bearish movement.<\/p>\n Looking at the 4-hour chart, following the rejection of $18,974, BTC\/USD is trading below the 9-day and 21-day moving averages. Looking at it from above, if Bitcoin revisits $19,000 resistance, then the next level of resistance could be $19,500, along with the significantly mentioned ascending trend-line. The potential resistance could be at $20,000 and above.<\/p>\n Meanwhile, as the technical indicator ranges, this might have signaled a temporary end to the bullish trend of Bitcoin for a moment. However, if the coin falls below the lower boundary of the channel, the market price may likely reach the support level of $17,500 and below.<\/p>\n\n \n","protected":false},"excerpt":{"rendered":"Bitcoin Price Prediction: Would Bitcoin (BTC) Break More Downs?<\/h2>\n
BTC\/USD Medium-term Trend: Bearish (4H Chart)<\/h2>\n