BTC Price Stops Below $30.4K

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Bitcoin Sticks to a Range-Limited Move as BTC Price Stops Below $30.4K – Apr 19, 2023

Bitcoin (BTC) price is struggling to break above the recent high as BTC price stops below $30,400. On April 18, the bulls made three failed attempts to retest the resistance level. The price of the largest cryptocurrency is now between $30,000 and $30,400. The rally will start if the price moves above the $30,400 barrier level.

Bitcoin Price Stats Data:
•Bitcoin price now – $30,144.96
• Bitcoin Market Cap: $583,157,981,559
•Bitcoin circulating supply – 19,350,412 BTC
•Total Bitcoin Supply – $632,871,156,064
• Bitcoin Coinmarketcap Ranking – #1

resistance levels: $50,000, $55,000, $60,000
Support levels: $25,000, $20,000, $15,000

Bitcoin’s bullish march above the $30,400 support has been capped by rejection at the $31,035 high. The BTC price fell to a low of $29,262 on April 17 as bulls bought the dips. The sellers were aiming to push the coin below the 21-day simple moving average. This would have resulted in Bitcoin falling to the next support level of $28,000. However, on April 18, buyers pushed the price of Bitcoin above the crucial $30,000 level. However, the uptrend came to an end near the $30,400 peak. Bitcoin will continue to rise as soon as the current resistance is broken. As a result, Bitcoin will pick up momentum and rally to its previous highs of $31,000 and $32,000. However, following the April 18 rally, the BTC price is restrained below the $30,400 high. The price of the cryptocurrency asset is limited to a range fluctuation between $30,000 and $30,400. The price of the crypto will trend once the range cap levels are broken.

BTC price quotes are now available on Twitter thanks to a collaboration with Etoro

The move comes after Twitter and the Israeli cryptocurrency exchange announced their cooperation on April 13. Twitter released Bitcoin (BTC) price quotes on its social network on April 18. These quotes can be accessed using the Twitter search function. The TradingView charting platform is what drives the price quotes. Included on the screen is a link to the Israeli cryptocurrency exchange eToro, where users can buy or sell Bitcoin. It appears that, at press time, only BTC price quotes are accessible, not those of other major cryptocurrencies. The Bitcoin price chart is also accompanied by a notice that reads: “Your capital at risk.” Elon Musk also revealed on April 17 that, in addition to Twitter, he will develop an AI program titled “TruthGPT” after seeing the popularity of the AI chatbot ChatGPT. Musk claims that AI’s search for truth will combat what he calls “left-wing” bias in the media.

BTC/USD – 4 hour chart

Meanwhile, Bitcoin (BTC) has recovered from its recent slide above the support level of $29,262, as the price of BTC stops below $30.4K. On April 18, a market reversal led to a rise in the price of BTC above the psychologically significant price barrier of $30,000. According to the price indicator, the cryptocurrency will rally to as high as $32,000. The bullish scenario would be reversed if the 21-day SMA was breached.

Bitcoin Alternatives

The psychological price barrier of $30,000 has been broken once again by the Bitcoin (BTC) price. The bullish moves have momentarily stopped at the $30,400 resistance. If the buyers manage to break above the $30,400 resistance, Bitcoin’s bullish momentum will resume. The current strong momentum will be advantageous for other cryptocurrencies, including LHINU tokens. Over the past week, the market has been bullish, allowing LHINU tokens to make a staggering rise. The security of LHINU’s staking mechanism is provided through smart contracts. This suggests that the voting process is both open and confidential. So you can be sure that your voice will be heard and that your vote will count. Sign up for our pre-sale right away to join the LoveHateInu Gang. Join the presale right away. Take surveys, stake tokens and interact with the LoveHateInu Crew. Create surveys to earn rewards. Get in right now. Over $5 million has already been raised.

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