• Market Cap: $1,197,785,435,874.98
  • 24h Vol: $21,242,254,918.15
  • BTC Dominance: 44.08%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Bitcoin Price Prediction for Today July 5: BTC Price Holds as It Struggles Below $21K

Jon Hartney by Jon Hartney
July 6, 2022
in Bitcoin, Blockchain, Business, Market
0
Bitcoin Price Prediction for Today July 5: BTC Price Holds as It Struggles Below $21K
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023
5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

June 4, 2023


Bitcoin Risks Further Decline as It Struggles Below 21K – July 5, 2022

On July 5, Bitcoin’s (BTC) price rallied above the psychological price level as it struggles below $21K.  The bulls broke the resistance at $19,900 as Bitcoin rallied to the high of $20.800. The bullish momentum has been repelled at the recent high as Bitcoin rallied to an overbought region. Today, BTC/USD is trading at $20,331 at the time of writing.

Bitcoin Price Statistics Data:
•Bitcoin price now – $20,288.88
•Bitcoin market cap – $387,235,135,129
•Bitcoin circulating supply -19,086,112.00 BTC
•Bitcoin total supply – $426,042,068,675
•Bitcoin Coinmarketcap ranking – # 1

Resistance Levels: $50,000, $55, 000, $60,000
Support Levels: $25,000, $20,000, $15,000

Buy Bitcoin Now

On July 5, Bitcoin recovered again above the $20,000 psychological price level. The largest cryptocurrency recovered because there were no sellers at lower levels to push the crypto downward. BTC’s price is now hovering above the $20,000 support. Buyers will attempt to push Bitcoin to the resistance zones of $22,000 and $23,377. BTC/USD will rally to a $28,360 high. In the meantime, Bitcoin is trading above the $20,000 support as it struggles to break above the 21-day line SMA. Bitcoin will fall and revisit the previous low at $17,605 if Bitcoin faces rejection at the 21-day line SMA.

Central African Republic (Car) Launches Sango Crypto Hub – As It Struggles Below $21K

In April 2022, the Central African Republic adopted Bitcoin as a legal tender. The Sango project is an initiative that aims to attract businesses and global crypto talent/enthusiasts, and ramp up local BTC adoption. Also, to foster the development of the local digital asset sector. President Faustin-Archange Touadera is the president of the Central African Republic. He indicated that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector. He said the banking sector has been underutilized which has several barriers to entry.

He added: “The citizens will gain at every level, they will live in a country in full economic development, which means employment and prosperity. Moreover, they will benefit from virtual transactions which, in contrast to traditional banking, have the advantage of rapid access, fast execution, lack of bureaucracy, and low cost.”“This technology will give an identity to the continent by reducing cost. This vision is perfect, and we do not have the time to wait. […] For us, a formal economy is no longer an option,” he added.

Bitcoin Price Prediction for Today July 5: BTC Price Holds as It Struggles Below $21K
BTC/USD – Daily Chart

Meanwhile, Bitcoin is declining as it struggles below $21K. Today the crypto rose to the high of $20,736 but pulled back to the low of $20,169. It is now consolidating above the $20,169 support for a possible rebound or breakdown.

Read more:
• How to buy cryptocurrency
• How to buy Bitcoin        

eToro – Our Recommended Bitcoin Platform

Our Rating

eToro exchange
  • Regulated by the FCA, ASIC and CySEC
  • Buy Bitcoin with Bank transfer, Credit card, Neteller, Paypal, Skrill
  • Free Demo Account, Social Trading Community – 20 Million Users
  • Free Bitcoin Wallet – Unlosable Private Key
  • Copytrade Winning Bitcoin Traders – 83.7% Average Yearly Profit

eToro exchange

Buy Bitcoin
68% of retail investor accounts lose money when trading CFDs with this provider.

Read Entire Article
Tags: CryptocurrencyinsidebitcoinsInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

by Jon Hartney
June 4, 2023
0

After the naysayers left Bitcoin for dead in 2022, it’s back with a bang so far in 2023 Here’s

5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

by Jon Hartney
June 4, 2023
0

Level up your skills in language models and automation with free ChatGPT and generative AI courses

Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

by Jon Hartney
June 4, 2023
0

Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

by Jon Hartney
June 4, 2023
0

The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate

Elliptic integrates ChatGPT to bolster crypto risk detection

Elliptic integrates ChatGPT to bolster crypto risk detection

by Jon Hartney
June 4, 2023
0

Crypto risk management firm Elliptic believes that ChatGPT will assist in exposing crypto risks to users that "they

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023
5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

June 4, 2023
Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

June 4, 2023
FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

June 4, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Three Reasons Behind Bitcoin’s 2023 Resurgence June 4, 2023
  • 5 free ChatGPT and generative AI courses June 4, 2023
  • Pro-XRP attorney’s phone hacked to promote LAW token June 4, 2023
  • FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’ June 4, 2023
  • Elliptic integrates ChatGPT to bolster crypto risk detection June 4, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$27,244.000.25%
  • ethereumEthereum(ETH)$1,906.950.24%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$307.11-0.04%
  • usd-coinUSD Coin(USDC)$1.00-0.04%
  • rippleXRP(XRP)$0.531.22%
  • staked-etherLido Staked Ether(STETH)$1,906.150.48%
  • cardanoCardano(ADA)$0.3809921.19%
  • dogecoinDogecoin(DOGE)$0.0729180.33%
  • solanaSolana(SOL)$21.953.76%
  • matic-networkPolygon(MATIC)$0.90-0.15%
  • tronTRON(TRX)$0.081649-2.99%
  • litecoinLitecoin(LTC)$95.97-0.79%
  • polkadotPolkadot(DOT)$5.361.24%
  • binance-usdBinance USD(BUSD)$1.00-0.03%
  • shiba-inuShiba Inu(SHIB)$0.0000090.10%
  • avalanche-2Avalanche(AVAX)$14.761.67%
  • daiDai(DAI)$1.000.09%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,270.000.30%
  • uniswapUniswap(UNI)$5.100.42%
  • chainlinkChainlink(LINK)$6.511.17%
  • leo-tokenLEO Token(LEO)$3.60-0.03%
  • cosmosCosmos Hub(ATOM)$10.811.71%
  • okbOKB(OKB)$46.00-0.32%
  • moneroMonero(XMR)$149.802.22%
  • ethereum-classicEthereum Classic(ETC)$18.210.13%
  • ToncoinToncoin(TON)$1.74-0.61%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • stellarStellar(XLM)$0.092521-0.17%
  • bitcoin-cashBitcoin Cash(BCH)$116.501.43%
  • internet-computerInternet Computer(ICP)$4.850.47%
  • filecoinFilecoin(FIL)$4.85-0.97%
  • true-usdTrueUSD(TUSD)$1.000.03%
  • lido-daoLido DAO(LDO)$2.30-0.66%
  • AptosAptos(APT)$9.221.89%
  • quant-networkQuant(QNT)$116.61-0.01%
  • crypto-com-chainCronos(CRO)$0.0623204.64%
  • hedera-hashgraphHedera(HBAR)$0.050912-0.06%
  • ArbitrumArbitrum(ARB)$1.23-1.04%
  • nearNEAR Protocol(NEAR)$1.650.47%
  • vechainVeChain(VET)$0.020007-0.10%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • apecoinApeCoin(APE)$3.171.13%
  • the-graphThe Graph(GRT)$0.128682-0.93%
  • algorandAlgorand(ALGO)$0.1531720.28%
  • the-sandboxThe Sandbox(SAND)$0.580.06%
  • eosEOS(EOS)$0.920.66%
  • paxos-standardPax Dollar(USDP)$1.000.05%
  • fraxFrax(FRAX)$1.000.27%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • render-tokenRender(RNDR)$2.714.95%
  • elrond-erd-2MultiversX(EGLD)$38.923.31%
  • optimismOptimism(OP)$1.501.32%
  • rocket-poolRocket Pool(RPL)$49.911.27%
  • aaveAave(AAVE)$64.490.84%
  • decentralandDecentraland(MANA)$0.4936011.18%
  • fantomFantom(FTM)$0.320981-0.64%
  • tezosTezos(XTZ)$0.931.92%
  • blockstackStacks(STX)$0.620.23%
  • theta-tokenTheta Network(THETA)$0.850.75%
  • Rocket Pool ETHRocket Pool ETH(RETH)$2,048.540.35%
  • axie-infinityAxie Infinity(AXS)$7.210.36%
  • immutable-xImmutableX(IMX)$0.834.08%
  • flowFlow(FLOW)$0.730.23%
  • havvenSynthetix Network(SNX)$2.380.93%
  • usddUSDD(USDD)$1.00-0.15%
  • neoNEO(NEO)$10.45-0.91%
  • kucoin-sharesKuCoin(KCS)$7.460.25%
  • BitDAOBitDAO(BIT)$0.495344-0.62%
  • galaGALA(GALA)$0.029901-1.86%
  • curve-dao-tokenCurve DAO(CRV)$0.861.04%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.90-0.15%
  • radixRadix(XRD)$0.067405-0.07%
  • Bitget TokenBitget Token(BGB)$0.4705630.69%
  • bitcoin-cash-svBitcoin SV(BSV)$33.010.94%
  • injective-protocolInjective(INJ)$7.941.02%
  • makerMaker(MKR)$697.073.75%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • gatechain-tokenGate(GT)$4.30-3.05%
  • klay-tokenKlaytn(KLAY)$0.1867350.39%
  • gemini-dollarGemini Dollar(GUSD)$1.00-0.04%
  • conflux-tokenConflux(CFX)$0.270932-3.99%
  • iotaIOTA(MIOTA)$0.2039591.60%
  • bittorrentBitTorrent(BTT)$0.000001-0.02%
  • kavaKava(KAVA)$1.010.54%
  • terra-lunaTerra Luna Classic(LUNC)$0.00009511.79%
  • chilizChiliz(CHZ)$0.1032122.11%
  • PepePepe(PEPE)$0.000001-2.58%
  • casper-networkCasper Network(CSPR)$0.0470521.09%
  • Tokenize XchangeTokenize Xchange(TKX)$6.460.36%
  • pax-goldPAX Gold(PAXG)$1,948.38-0.04%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • SuiSui(SUI)$0.960.91%
  • mina-protocolMina Protocol(MINA)$0.551.22%
  • compound-ethercETH(CETH)$38.260.01%
  • dashDash(DASH)$43.500.94%
  • gmxGMX(GMX)$55.81-0.30%
  • xdce-crowd-saleXDC Network(XDC)$0.035236-1.98%
  • ecasheCash(XEC)$0.0000250.55%