Bitcoin Price Evaluation: the Mayday Forced Coin Below of BTC

  • Bitcoin Drops below 10,000 USD price level Using a cut above 5 Percent overnight.
  • The BTC’s next block may happen at 9,700 USD.

Bitcoin (BTC) has demolished all expectations of a cost recovery anytime soon by falling below 10,000 USD. It is being traded close to 9971 USD. With three major downward price swings, the coin couldn’t demonstrate any significant signs of growth over the last 24 hours. Before assessing the BTC price movement for the day, we should begin looking at the current details of the coin.

Bitcoin (BTC) Current Statistics:

Bitcoin (BTC) 15th August 02:28 UTC
Rank 1st
ROI (Return on Investment) 7,336.69percent
Coin Circulation 17,875,000 BTC
Market Cap 180,033,716,255 USD
Value in USD 9,971.48 USD
All-Time High 20,089 USD
24h Volume 19,638,875,751 USD

BTC to USD Price Comparison:

Bitcoin Price Chart - 15 Aug
BTC Chart by TradingView

Since the introduction of 14th August, BTC has been under immense pressure. Between 00:10 UTC and 09:24 UTC, it dropped 472.57 USD making a 4.36% decrease in the value against USD. After a couple of hours of rising, it again faced a dip in the value which took the coin from 10,626 USD to 10,040 USD by 17:14 UTC. From that point, BTC showed some strength and it was able to sustain near 10,200 USD. But from 22:08 UTC it started falling and it attained 9983 USD from 10,240 USD in 4 hours. The coin has corrected up to 9971.48 USD.

Bitcoin Price Prediction:

The coin is on a slope and it is most likely to fall further. As far as the support levels are involved, it may next find itself around 9,700 USD. However, experts have called Bitcoin to have a bullish run very soon. The specifics of the resistance and support levels are given below.

Bitcoin (BTC)
1st Resistance 10618.12667 USD
Two nd Resistance 11184.55333 USD
3rd Resistance 11479.54667 USD
1st Support Level 9756.706667 USD
Two nd Support Level 9461.713333 USD
3rd Support Level 8895.286667 USD
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