- Bitcoin value loses in one day and falls below $10,300.
- The last week’s volatility pushed the coin from $10,900 to $10,300.
Bitcoin price has faced another phase of correction in the last 24 hours and this time; it has been pushed below $10,300. Over the previous seven days, BTC has been through a volatile movement having four major price shifts. It has been traded from $10,900 to $10,300. Before analyzing the price changes, let us look at the current details of the BTC.
Current Statistics of Bitcoin:
|Bitcoin (BTC)||September 10, 2019 02:49 UTC|
|ROI (Return on Investment)||7,537.17%|
|Coin Circulation||17,926,087 BTC|
|Value in USD||$10,293.64|
Bitcoin Price Analysis & Predictions:
Bitcoin’s first swing of the week happened between September 03 and 04, 2019, that priced the coin $317 and placed it at $10,404.44. It was followed by a 5.05% hike over the next 2 days and this hike added $525.73 to the Bitcoin price at the highest point of the week at $10,928.52. The third swing, between September 06 and 09, 2019, had a break on September 08 at $10,590. The last swing of the week is between September 09 and 10, 2019, which managed to give the coin a semblance of recovery. This 1.90% surged in the price took the BTC to $10,302.58 by 02:45 UTC of today. And then, Bitcoin recorded price drop and reached $10293.64 as of now.
Bitcoin’s last seven days have been full of volatile fluctuations and the uncertainty prevails on the whole market as well. Check out the following resistance and support levels:
|Bitcoin||Resistance and Support Levels|
|1st Support Level||$10169.83|
|2nd Support Level||$10004.69|
|3rd Support Level||$9864.45|