MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

Bitcoin (BTC/USD) Price Downsizes, Averaging $45,000

December 14, 2021
in Blockchain
Reading Time: 3 mins read
A A
Bitcoin (BTC/USD) Price Downsizes, Averaging $45,000
ShareShareShareShareShare

Bitcoin Price Prediction – December 14
There have been differential signs that the BTC/USD price downsizes, averaging $45,000 support line. The crypto economy had earlier moved down to $46,299 before trading around $47,030 at a smaller percentage rate of about 0.40.

BTC/USD Market
Key Levels:
Resistance levels: $52,500, $55,000, $57,500
Support levels: $45,000, $42,500, $40,000

BTC/USD – Daily Chart
The BTC/USD daily chart reveals that the crypto-economic price downsizes, averaging a $45,000 support level. As of writing, a tiny bullish candlestick seems, taking a formation near the lower bearish trend line drawn. The 50-day SMA indicator has been briefly intercepted southward above the bearish channel trend lines. The Stochastic Oscillators have moved northbound. They have closed the lines at the range of 40 to beacon recourse of a lowering situation presently in the market.

Will the BTC/USD market be able to rebound soon as the crypto-economic price downsizes, averaging $45,000?

Over a couple of sessions, there have been rises and falls above $45,000 since the succeeding days’ operations of the last significant decline that occurred on December 4. The situation has again forced the crypto-economic price downsizes, averaging $45,000. Being as it is, the trading condition portends that there has been no strong stance for the market to return to upswing momentums.

In a continuation of shorting the BTC/USD market positions, sellers may, in the first place, hold to a spot when price actively tends to succumb to a falling force within the bearish channel trend lines before considering going for a sell order. Secondly, they needed to consolidate stances around support level at $45,000 to move down the market further against the valuation of the base crypto. But, they should be wary of rebounding movement in no time at that value line.

BTC/USD 4-hour Chart

The BTC/USD medium-term chart shows that the crypto-economic price downsizes, averaging $45,000. All the trading SMA indicators are above the current price level. The 50-day SMA trend line is over the 14-day SMA trend line. The Stochastic Oscillators have moved northbound from the oversold region, slightly past the range of 20. And they still point toward the north. That gives a lighter-promising note that the crypto price may soon witness a line of uprisings.

Looking to buy or trade Bitcoin (BTC) now? Invest at eToro!

68% of retail investor accounts lose money when trading CFDs with this provider.

 

Read more:

Credit: Source link

ShareSendTweetPinShare
Previous Post

Leading Spanish Cryptocurrency Exchange Adds Shiba Inu (SHIB)

Next Post

Musk Bets on Doge, Bitcoin Mining, Nike Buys RTFKT, $300,000 Typo: Crypto Minute

Next Post
Musk Bets on Doge, Bitcoin Mining, Nike Buys RTFKT, $300,000 Typo: Crypto Minute

Musk Bets on Doge, Bitcoin Mining, Nike Buys RTFKT, $300,000 Typo: Crypto Minute

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Mango Markets Sues Hacker And More

Mango Markets Sues Hacker And More

January 29, 2023
NFTs-Related Crypto With High-Profit Potential

NFTs-Related Crypto With High-Profit Potential

January 30, 2023
NFT vs. Crypto – What are the differences?

NFT vs. Crypto – What are the differences?

January 27, 2023
NFT Collection Axolittles Price, Stats, and Review

NFT Collection Axolittles Price, Stats, and Review

January 27, 2023
Lebanese People Turn to Crypto Amid the Country’s Financial Collapse: Report

Lebanon Devalues its Currency by 90%, Snowden Believes Bitcoin Fixes This

February 1, 2023
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • The January figures are 92.7% lower than the $121.4 million
  • Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation – Regulation Bitcoin News
  • SNX/USD Could Hit $3.0 Resistance

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 24,179.00 4.54%
  • ethereumEthereum (ETH) $ 1,688.52 6.61%
  • tetherTether (USDT) $ 1.01 0.54%
  • bnbBNB (BNB) $ 322.10 2.71%
  • usd-coinUSD Coin (USDC) $ 1.00 0.1%
  • xrpXRP (XRP) $ 0.418975 3.41%
  • binance-usdBinance USD (BUSD) $ 1.01 0.91%
  • cardanoCardano (ADA) $ 0.405090 3.82%
  • dogecoinDogecoin (DOGE) $ 0.096080 1.1%
  • matic-networkPolygon (MATIC) $ 1.25 12.5%
  • okbOKB (OKB) $ 40.31 6.69%
  • solanaSolana (SOL) $ 25.51 7.08%
  • staked-etherLido Staked Ether (STETH) $ 1,682.20 6.43%
  • polkadotPolkadot (DOT) $ 6.57 4.83%
  • litecoinLitecoin (LTC) $ 102.06 6.82%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 3.36%
  • avalanche-2Avalanche (AVAX) $ 21.67 10.05%
  • tronTRON (TRX) $ 0.063873 2.22%
  • uniswapUniswap (UNI) $ 6.97 5.73%
  • daiDai (DAI) $ 1.00 0.15%
  • cosmosCosmos Hub (ATOM) $ 15.08 12.42%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 24,055.00 4.13%
  • chainlinkChainlink (LINK) $ 7.32 5.38%
  • the-open-networkToncoin (TON) $ 2.43 4.88%
  • moneroMonero (XMR) $ 179.93 1.41%
  • ethereum-classicEthereum Classic (ETC) $ 22.77 4.95%
  • leo-tokenLEO Token (LEO) $ 3.36 5.24%
  • aptosAptos (APT) $ 18.52 11.32%
  • bitcoin-cashBitcoin Cash (BCH) $ 137.80 2.65%
  • stellarStellar (XLM) $ 0.093387 2.79%
  • apecoinApeCoin (APE) $ 6.14 4.12%
  • filecoinFilecoin (FIL) $ 5.75 9.71%
  • quant-networkQuant (QNT) $ 151.37 6.01%
  • nearNEAR Protocol (NEAR) $ 2.49 7.08%
  • crypto-com-chainCronos (CRO) $ 0.082270 3.85%
  • lido-daoLido DAO (LDO) $ 2.34 7.87%
  • algorandAlgorand (ALGO) $ 0.257088 6.12%
  • hedera-hashgraphHedera (HBAR) $ 0.070090 8.07%
  • vechainVeChain (VET) $ 0.025189 8.39%
  • internet-computerInternet Computer (ICP) $ 6.14 3.04%
  • fantomFantom (FTM) $ 0.586016 9.47%
  • decentralandDecentraland (MANA) $ 0.812099 6.49%
  • axie-infinityAxie Infinity (AXS) $ 11.58 5.81%
  • aaveAave (AAVE) $ 90.50 8.38%
  • the-sandboxThe Sandbox (SAND) $ 0.778722 6.09%
  • flowFlow (FLOW) $ 1.15 8.39%
  • eosEOS (EOS) $ 1.09 2.45%
  • elrond-erd-2MultiversX (EGLD) $ 44.68 4.31%
  • theta-tokenTheta Network (THETA) $ 1.10 6.89%
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000174 0.96%