BTC has broken below $19,000. TAMA is sold out!

Bitcoin (BTC) price fell 4.93% over the past few hours as the cryptocurrency failed to support $18,255.

Bitcoin prediction statistics:

• Current Bitcoin Price – $18,457
• Bitcoin market cap – $353.6 billion
• Bitcoin circulating supply – 19.1 million
• Total supply of Bitcoin – 19.1 million
• Bitcoin CoinMarketCap Ranking – #1

BTC/USD Long-Term Trend: Ranging (Daily Chart)

Key level:

Resistance Levels: $22,000, $24,000, $26,000

Support Levels: $16,000, $14,000, $12,000

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BTC/USD is losing momentum after touching a key resistance above $19,516. As of this writing, the pair is down 4.93% on the 1st at his $18,459 below the 9- and 21-day moving averages. Meanwhile, Bitcoin (BTC) could struggle to finish above his $19,000 mark, and even if it did, the next positive move would free him above $20,000. It should be possible.

Can the Bitcoin price trade above $19,000?

After slightly above $19,500, Bitcoin price has broken below the 9-day and 21-day moving averages. Furthermore, in today’s session, the coin tried to push higher, but sellers intervened and started lowering the coin, touching the daily low of $18,255.

Moreover, if the coin falls, $18,000 could act as the closest support level, and the coin could drop further to reach the supports at $16,000, $14,000 and $12,000. If the Relative Strength Index (14) falls below the 40 level, it indicates a downward trend. Conversely, BTC/USD could rise further and reach the resistance levels of $22,000, $24,000 and $26,000.

BTC/USD Mid-Term Trend: Ranging (4H Chart)

On the 4-hour chart, BTC price is hovering around $18,692 and may take some time to break above the 9- and 21-day moving averages. Furthermore, if the bulls muster enough strength, they may be able to approach the resistance level above $20,500.

On the downside, the near-term support may be near $18,000 while the key support is below $17,000. Therefore, if the bears put more pressure on the market, Bitcoin price could fall towards the lower end of the channel. Additionally, the Relative Strength Index (14) moved above the 30 level, suggesting a bullish move.

Tamadoge, an ERC-20 token, will also offer its first DEX offering (IDO) on Uniswap. TAMA is set to list at a price of $0.03. The team is reportedly moving forward with all his TAMA crypto exchange listings over the next few days, as Madhog’s pre-sale sold out earlier than expected.

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