{"id":357926,"date":"2022-11-16T12:16:12","date_gmt":"2022-11-16T17:16:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=357926"},"modified":"2022-11-16T12:16:12","modified_gmt":"2022-11-16T17:16:12","slug":"bitcoin-price-prediction-for-today-november-16-btc-usd-bears-may-slide-below-16000-support","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-november-16-btc-usd-bears-may-slide-below-16000-support","title":{"rendered":"Bitcoin Price Prediction for Today, November 16: BTC\/USD Bears May Slide Below $16,000 Support"},"content":{"rendered":"
The Bitcoin price prediction shows that BTC is likely to cross below the lower boundary of the channel as the coin touches $16,358 support.<\/p>\n
Key levels:<\/p>\n
Resistance Levels: $20,000, $22,000 $24,000<\/p>\n
Support Levels: $14,000, $12,000, $10,000<\/p>\n
BTC\/USD may face a setback that could drag the coin below the lower boundary of the channel as the king coin is likely to have an additional bearish run. At the moment, the Bitcoin price<\/a> is hovering around the $16,428 level after a free fall from the daily high of $16,994 during the European.<\/p>\nBitcoin Price Prediction: Bitcoin (BTC) Heads to the Downside<\/h2>\n