{"id":502902,"date":"2022-09-20T23:00:03","date_gmt":"2022-09-20T23:00:03","guid":{"rendered":"https:\/\/uniquehot.com\/?p=502902"},"modified":"2024-06-11T14:26:22","modified_gmt":"2024-06-11T14:26:22","slug":"bitcoin-price-recovers-above-19000-but-is-the-onslaught-over","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-recovers-above-19000-but-is-the-onslaught-over\/","title":{"rendered":"Bitcoin Price Recovers Above $19,000, But Is The Onslaught Over?"},"content":{"rendered":"
Bitcoin has been able to regain some of its footings over the last 24 hours after it had fallen to the $18,000 level, taking the entire crypto market down with it. Now, as the Tuesday trading day opens, the digital asset has made its way above $19,000. But despite bitcoin looking to be forming support just above $19,200, questions still abound in the market if this is a false recovery.<\/p>\n
Is The Onslaught Over?<\/h2>\n
Bitcoin\u2019s move above $19,000 has been a 4% increase over the past 24 hours. Given the tendency of the market to form a takeout after such massive losses, the possibility that the downtrend is not over continues to loom over the market.\u00a0<\/span><\/p>\n