{"id":7812,"date":"2022-08-21T06:24:22","date_gmt":"2022-08-21T06:24:22","guid":{"rendered":"https:\/\/coinonline.us\/btc-awaits-possible-breakout-while-tamadoge-remains-at-the-upside\/"},"modified":"2022-08-21T06:24:22","modified_gmt":"2022-08-21T06:24:22","slug":"btc-awaits-possible-breakout-while-tamadoge-remains-at-the-upside","status":"publish","type":"post","link":"https:\/\/coinonline.us\/btc-awaits-possible-breakout-while-tamadoge-remains-at-the-upside\/","title":{"rendered":"BTC Awaits Possible Breakout while Tamadoge Remains at the Upside"},"content":{"rendered":"
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After touching the low of $20,782, BTC is currently trading at $21,067 as the coin seems to be preparing for another upward movement.<\/p>\n
Bitcoin price now \u2013 $21,067
\nBitcoin market cap \u2013 $404billion
\nBitcoin circulating supply \u2013 19.1 million
\nBitcoin total supply \u2013 19.1 million
\nBitcoin Coinmarketcap ranking \u2013 #1<\/p>\n
Key levels:<\/p>\n
Resistance Levels: $28,000, $30,000, $32,000<\/p>\n
Support Levels: $15,000, $13,000, $11,000<\/p>\n
Buy Bitcoin Now<\/span>\n<\/p>\n Your capital is at risk<\/p>\n BTC\/USD is trading below the 9-day and 21-day moving averages at $21,067 as the coin prepares to establish a bullish movement. At the time of writing, the first digital coin is likely to extend towards the resistance level of $22,000 if the bulls put more pressure on the market.<\/p>\n The Bitcoin price is heading towards the upside, trying to create a bullish movement. Any further bullish movement above the 9-day and 21-day moving averages could locate the potential resistance levels at $28,000, $30,000, and $31,000. Nevertheless, if BTC\/USD soars and crosses the upper boundary of the channel, this could be a sign of sustainability and may result in a bullish continuation.<\/p>\n However, if the Bitcoin price fails to move up; traders may see another price cut towards the lower boundary of the channel; a further low could bring the price to the support levels at $15,000, $13,000, and $11,000 respectively. But as it stands, the Bitcoin price is likely to rise as the technical indicator Relative Strength Index (14) moves to cross above the 35-level.<\/p>\n According to the 4-hour chart, the market is following a sideways movement below the 9-day and 21-day moving averages as the bulls are coming back into the market to push the king coin to the upside. If not, the support level of $19,500 and below may come into play.<\/p>\n However, if the bulls push the market above the moving averages, traders may expect a retest of the $22,000 resistance level, and breaking this level may further push the price towards the resistance level of $23,000 and above as the technical indicator Relative Strength Index (14) prepares to leave the oversold region.<\/p>\nBTC Ready for A Cross Above $21k as Tamadoge Appears Bullish<\/h2>\n
BTC\/USD Medium-term Trend: Ranging (4H Chart)<\/h2>\n