{"id":363749,"date":"2022-12-10T12:08:16","date_gmt":"2022-12-10T17:08:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=363749"},"modified":"2022-12-10T16:46:37","modified_gmt":"2022-12-10T21:46:37","slug":"bitcoin-price-prediction-for-today-december-10-btc-usd-likely-to-touch-the-18000-resistance","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-december-10-btc-usd-likely-to-touch-the-18000-resistance","title":{"rendered":"Bitcoin Price Prediction for Today, December 10: BTC\/USD Likely to Touch the $18,000 Resistance"},"content":{"rendered":"<p>The Bitcoin price prediction shows that BTC is currently consolidating and seems to be preparing for the next move above the resistance level of $17,000.<\/p>\n<h2>Bitcoin Prediction Statistics Data:<\/h2>\n<ul>\n<li>Bitcoin price now &ndash; $17,161<\/li>\n<li>Bitcoin market cap &ndash; $330.5 billion<\/li>\n<li>Bitcoin circulating supply &ndash; 19.2 million<\/li>\n<li>Bitcoin total supply &ndash; 19.2 million<\/li>\n<li>Bitcoin Coinmarketcap ranking &ndash; #1<\/li>\n<\/ul>\n<h2>BTC\/USD Long-term Trend: Ranging (Daily Chart)<\/h2>\n<p>Key levels:<\/p>\n<p>Resistance Levels: $21,000, $23,000, $25,000<\/p>\n<p>Support Levels: $14,000, $12,000, $10,000<\/p>\n<p>BTC\/USD is seen trading above the resistance level of $17,000, with the current consolidation pattern, the king coin stays within the 9-day and 21-day moving averages. Though <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\">Bitcoin (BTC)<\/a> begins the day off intending to trend higher, any further bullish movement toward the upper boundary of the channel could hit the nearest resistance level of $18,000. Meanwhile, any cross below the moving averages could locate the first level of support at $16,000. Beneath this, other supports lie at $14,000, $12,000, and $10,000.<\/p>\n<h2>Bitcoin Price Prediction: Bitcoin (BTC) May Break to the Upside<\/h2>\n<p>The <a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-december-8-btc-usd-sticks-in-a-tight-range-below-17000\">Bitcoin price<\/a> is consolidating above the 9-day and 21-day moving averages; however, this is looking less and less likely with each failed breakout attempt as the technical indicator Relative Strength Index (14) moves within the 50-level. On the next positive move, BTC is likely to break toward the upper boundary of the channel as the candle is still yet to close. Meanwhile, it does look that the bulls may end up closing above this barrier as the potential resistance levels could be found at $21,000, $23,000, and $25,000.<\/p>\n<h2>BTC\/USD Medium-term Trend: Bearish (4H Chart)<\/h2>\n<p>On the 4-hour chart, BTC\/USD may need to stay above $17,000 and move towards the upper boundary of the channel to mitigate the short-term bearish pressure so that it can hit the nearest resistance level of $18,000. Nonetheless, this psychological barrier may be closely followed by $19,000 and $20,000 resistance levels.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_363753\" aria-describedby=\"caption-attachment-363753\" style=\"width: 1078px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-363753\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/12\/BTCUSD_4H_07122022.png\" alt=\"\" width=\"1078\" height=\"554\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/12\/BTCUSD_4H_07122022.png 1078w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/12\/BTCUSD_4H_07122022-300x154.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/12\/BTCUSD_4H_07122022-1024x526.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/12\/BTCUSD_4H_07122022-768x395.png 768w\" sizes=\"(max-width: 1078px) 100vw, 1078px\"><figcaption id=\"caption-attachment-363753\" class=\"wp-caption-text\">BTCUSD &ndash; 4-Hour Chart<\/figcaption><\/figure>\n<p>On the contrary, if the king coin heads to the downside, the nearest support may come at $17,000 and a sustainable move lower will increase the downside pressure and push the price toward $16,600 and below. Considering the technical indicator Relative Strength Index (14) on the 4-hour chart, the coin is starting to revert to the upside as traders might expect that the bull&rsquo;s case scenario may come to play.<\/p>\n<p>Nevertheless, many that invest in Impact Token (IMPT) will be able to claim them from December 12, 2022. In order to do this, they will connect the wallets they used to buy the tokens initially, and the token will be dropped into their wallets. Also Uniswap, LBank, and Changelly Pro will list <a href=\"https:\/\/insidebitcoins.com\/visit\/impt\" rel=\"nofollow\">IMPT<\/a> for trading, once the presale has been concluded. This environmentally friendly project is gaining traction and almost $19 million has been raised in the current IMPT presale.<\/p>\n<p>However, <a href=\"https:\/\/insidebitcoins.com\/visit\/dash2trade\" rel=\"nofollow\">Dash 2 Trade<\/a> aims to guide all trades to speculate more proficiently. This is because effective risk control parameters are necessary for building robust strategies for initiating winning trades. There is a D2T presale ongoing and time is running out. The presale dashboard launch is coming soon since the product dev is ahead of the schedule. So far, the presale has raised almost $9.5 million.<\/p>\n<h2>Related<\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/dash-2-trade-price-prediction\">D2T Price Prediction<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/visit\/dash2trade\" rel=\"nofollow\">How to Buy D2T<\/a><\/li>\n<\/ul>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Bitcoin price prediction shows that BTC is currently consolidating and seems to be preparing for the next move above the resistance level of $17,000. <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-december-10-btc-usd-likely-to-touch-the-18000-resistance\" title=\"Bitcoin Price Prediction for Today, December 10: BTC\/USD Likely to Touch the $18,000 Resistance\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":363752,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[734,5319,7991,7992],"class_list":["post-363749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-bitcoin","tag-btc","tag-btcusd","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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