{"id":353245,"date":"2022-10-23T23:46:12","date_gmt":"2022-10-24T03:46:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=353245"},"modified":"2022-10-24T03:57:42","modified_gmt":"2022-10-24T07:57:42","slug":"bitcoin-price-prediction-for-today-october-23-btc-price-slumps-to-19k","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-october-23-btc-price-slumps-to-19k","title":{"rendered":"Bitcoin Price Prediction for Today, October 23: BTC Price Slumps to $19K"},"content":{"rendered":"\r\n

Bitcoin Turns Down from the Recent High as BTC Price Slumps to $19K \u2013 October 23, 2022<\/h2>\r\n

Bitcoin rebounds but is unable to overcome the recent high as BTC Price slumps to $19K. However, the BTC\/USD<\/a> 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:<\/strong>
\u2022Bitcoin price now \u2013 $19,459.79
\u2022Bitcoin market cap \u2013 $373,356,779,902
\u2022Bitcoin circulating supply \u2013 19,187,793.00 BTC
\u2022Bitcoin total supply \u2013 $408,436,724,210
\u2022Bitcoin Coinmarketcap ranking – # 1

Resistance Levels:<\/strong> $50,000, $55, 000, $60,000
Support Levels:<\/strong> $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 current uptrend as the market reaches the overbought region. On the upside, if buyers overcome the initial resistance at $19,900, Bitcoin will rise to $20,400. The uptrend will continue to the previous high of $22,000 if the bulls clear the $20,400 hurdle. Conversely, if BTC price turns down from the 50-day line SMA, Bitcoin will decline and resume its range-bound move between $18,800 and $19,900 price levels.<\/a> Today, BTC\/USD is trading at $19,459 and between the moving average lines.<\/p>\r\n

Spain is the third-largest crypto ATM center as it overtakes El Salvador<\/h2>\r\n

After the United States and Canada, Spain is the official home of the third-largest network of Bitcoin and cryptocurrency ATMs. El Salvador, which has 212 crypto ATMs, has fallen to fourth place as Spain, which presently has 215 crypto ATMs, has surpassed it by 3 crypto ATMs. Spain is confirmed to account for 0.6% of all crypto ATM installations worldwide, according to data from CoinATMRadar. On the other hand, since September 2022, the number of crypto ATM installations worldwide has decreased; at the time of writing, they are currently recovering slowly. Around seven crypto ATMs are being erected daily throughout the world, according to calculations using information from the previous 60 days.<\/p>\r\n

Meanwhile, the uptrend has been interrupted as the BTC price slumps to $19K. The largest cryptocurrency has fallen to the range-bound zone. In the previous price action, Bitcoin has been fluctuating between $18,800 and $19,900 price levels.<\/p>\r\n

\"Bitcoin
BTC\/USD \u2013 4 Hour Chart<\/figcaption><\/figure>\r\n

The first phase of the Dash 2 Trade presale sold out in less than 4 days. D2T now remains affordably priced at stage two at 0.05 USDT. Up until this point, about $2 million USD has been raised.<\/p>\r\n

Related<\/h3>\r\n

\u2022 D2T Price Prediction<\/a>
\u2022 How to buy D2T token<\/a>

\n \r\n","protected":false},"excerpt":{"rendered":"

Bitcoin Turns Down from the Recent High as BTC Price Slumps to $19K \u2013 October 23, 2022 Bitcoin rebounds but is unable to overcome the […]<\/a><\/div>","protected":false},"author":1742,"featured_media":353320,"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-353245","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, October 23: BTC Price Slumps to $19K<\/title>\n<meta name=\"description\" content=\"Bitcoin rebounds but is unable to overcome the recent high as BTC Price slumps to $19K. 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