Bitcoin’s Price Indeed Struggling to Retain $20K Mark

Will the History of Bitcoin Halving Happen Again?
  • BTC is now trading at $19,258 and is down 0.37% at the time of writing.
  • The global market fell from a trillion to $926.78 billion.

Bitcoin is battling to recuperate its deficits from the previous month, and it is striving to achieve $20,000 after achieving a low of less than $18,500. The BTC has been a victim of the Red Candle March since last month.

Bitcoin Is Hold Up in a Range

Bitcoin is currently trading above $19,000, actually rose $19,250, and a simple moving average from the last 100 hours. Furthermore, prices have risen above $19,500 and $20,000.

The bears are active above the $20,000 resistance zone, and a high of $20,180 has been created, indicating that the price has begun to fall. It was down to $18,588 at the end of the previous month, but it is currently trading in the green and has hit $19,145.

BTC Price Chart (Source:CMC)

At the time of writing, Bitcoin (BTC) is trading at $19,258 with a 24-hour. Trading volume of $23.88B, climbing to 33.74%. And the market cap is $369,233,419,623 and it has reduced to 0.36%. It is now circulating at 19,167,575.00 BTC. And the price has declined by around 0.37%. And it has been reported that it has risen in the previous 24 hours and that it is trading in the red.

The global crypto market has slipped from $1 trillion to $926.78 billion, a reduction of 1.11%, while the crypto market has climbed by 31.60% in the previous 24 hours to $47.51 billion.

A passionate writer who  is keenly exploring crypto and Blockchain loves to know about new things and exploring what is happening in world.