Bears Are Unrelenting as BTC Price Is Stuck Below 22K

Bitcoin exchanges over $ 20,000 as BTC price drops below 22,000 – June 23, 2022

BTC / USD continued to move sideways as the BTC price remained below 22K. As of June 18, the BTC exchange rate will fluctuate below the $ 22,000 resistance zone. BTC / USD is trading at $ 21,048.70 at the time of writing.

Bitcoin Bitcoin Statistics
• Bitcoin price now – $ 21,061.04
• Bitcoin market value – $ 401,740,926,493
• Bitcoin Transfer Supply – 19,075,418.00 BTC
• Total supply of Bitcoin – $ 442,405,691,498
• Bitcoin Coinmarketcap Rank – # 1

Levels of Resistance $ 50,000, $ 55,000, $ 60,000
Support levels: $ 30,000, $ 25,000, $ 20,000

The price of Bitcoin (BTC) is rising to revisit the $ 22,000 resistance zone today. As of June 21, the bulls have not been able to break through the $ 22,000 defensive zone. On June 21, the BTC traded at $ 21,775 with a long candle. Long candlesticks indicate that the region is a strong selling point. Bears sold at a recent high as the Crypto fell to $ 19,730. Today, buyers are pushing Bitcoin into the $ 22,000 defensive zone. The defensive zone can only be defeated if the BTC price rises above $ 20,000 support. The price break will break the $ 22,000 resistance zone. The pace of the push will push Bitcoin to a $ 30,000 psychological price point. However, the constant fluctuations of more than $ 20,000 support will push Bitcoin to its former low.

The University of Cincinnati (UC) has introduced Cryptos into the curriculum in Ohio

The University of Cincinnati (UC) in Ohio, USA, has even recognized courses on cryptography as part of the curriculum. The projects are funded by Dan Kautz and Woody Uible and will be presented by UC Carl H. Lindner Business College. According to reports, the students will learn about Bitcoin and other digital currencies. Dean Marian Lewis, PhD, explains that students can learn practical lessons with the new financial technology: “Our students will learn how to manage crypto currencies and how such digital assets can affect us. Economy, UCS as regional leader and nationally ranked among such top universities.

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As of today, June 23, the Bitcoin price forecast will be bearish as the BTC price falls below 22 K
BTC / USD – Daily chart

In the meantime, Bitcoin is at risk of further devaluation as the BTC is less than 22,000. Upward movement was suspended for $ 21,179. This, meanwhile, decreased on May 13; The reversal candlestick tested the 61.8% Fibonacci retracement level. The rebound indicates that BTC will fall to the 1.618 Fibonacci extension or $ 16,647.76.

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