{"id":505850,"date":"2022-10-12T01:00:23","date_gmt":"2022-10-12T01:00:23","guid":{"rendered":"https:\/\/uniquehot.com\/?p=505850"},"modified":"2024-06-11T12:53:58","modified_gmt":"2024-06-11T12:53:58","slug":"bitcoin-plays-ping-pong-as-price-continues-in-a-range-where-is-price-headed","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-plays-ping-pong-as-price-continues-in-a-range-where-is-price-headed\/","title":{"rendered":"Bitcoin Plays Ping Pong As Price Continues In A Range, Where Is Price Headed?"},"content":{"rendered":"
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BTC prices continue to trend downwards as prices remain bearish, with price trading on critical support.\u00a0<\/span><\/strong><\/li>\n
BTC trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.\u00a0<\/span><\/strong><\/li>\n
The price of BTC needs to break and hold above the key resistance of $20,500 to initiate recovery signs for the price.\u00a0<\/span><\/strong><\/li>\n<\/ul>\n
The price of Bitcoin (BTC) continues to struggle to discover its bullish trend as the price fails to break the key resistance of $20,500 against tether (USDT). Bitcoin (BTC) and other crypto assets enjoyed a relief bounce in previous weeks that saw the crypto market cap looking good for cryptocurrencies across the industry, with many producing double-digit gains. (Data from Binance)\u00a0<\/span><\/p>\n