- Bitcoin touches 10,000 USD after the last few days of struggle.
- The next resistance of BTC may come at 10,466 USD.
Bitcoin has shown four significant price variations over the last 24 hours, and it has made a journey from 12,200 USD to 9,500 USD in this period. From 20th August, the coin has been reeling under pressure, and now it has touched 10,000 USD after crawling behind it for two days. Before analyzing the BTC price movements of the month, let us look at the current details of the coin now.
Current Statistics of Bitcoin:
|Bitcoin (BTC)||23rd August 04:23 UTC|
|ROI (Return on Investment)||7,407.33%|
|Coin Circulation||17,891,550 BTC|
|Market Cap||181,890,672,483 USD|
|Value in USD||10,153.08 USD|
|All-Time High||20,089 USD|
|24h Volume||15,691,284,712 USD|
BTC to USD Price Comparison-
Between 23rd July and 28th July, Bitcoin made a journey from $10,266.99 to $9169.23. From this gradual decline, BTC price started strengthening, and with a hike of 33.42%, the coin reached $12,233.57 after adding $3064 by 06th August. However, it was followed by a steep fall of 21.75% that took the coin to $9568.41 by 15th August. The third variation came as a small incline in the value, between 15th August and 20th August, the coin got a hike of $1350 to reach $10,906.86. The last swing happened over 2 days from 20th August, and this devaluation of 9.91% pushed the coin to $9820.84. The market cap on 23rd July was 180,604,612,838 USD, and the value of each coin was 10,266 USD. The current market cap and the value of each coin are respectively 0.71% more and 1.09% less than the figures for the last month.
Bitcoin Price Prediction-
Coin’s highest value for the month is at 12,200 USD, and now it is almost 2000 USD behind this point. Being the top coin of the market, according to the Bitcoin forecast, BTC is likely to bounce back soon and it has a high chance of breaching the month’s high by the mid of September. Below are the details of the next probable resistance and support levels.
|1st Resistance||10298.88667 USD|
|2nd Resistance||10466.71333 USD|
|3rd Resistance||10700.42667 USD|
|1st Support Level||9897.346667 USD|
|2nd Support Level||9663.633333 USD|
|3rd Support Level||9495.806667 USD|