בטק פּרייַז דיקליינז ווי עס ריוויזיץ $ 20.7K שטיצן

Bitcoin Faces another Rejection as It Revisits $20.7K Support – August 21, 2022

Bitcoin’s (BTC) price upward correction is stalled as it revisits $20.7K support. The downtrend will resume if the bears break below the $20,790 support. In the meantime, בטק / וסד איז טריידינג ביי $ 21,413 אין דער צייט פון שרייבן.

ביטקאָין פּרייַז סטאַטיסטיק דאַטאַ:
• ביטקאָין פּרייַז איצט - $ 21,413.66
• ביטקאָין מאַרק היטל - $ 408,600,616,036
•ביטקאָין סערקיאַלייטינג צושטעלן - 19,128,406.00 בטק
• ביטקאָין גאַנץ צושטעלן - $448,105,368,065
• ביטקאָין קאָינסמאַרקעטקאַפּ ראַנג - # 1

קעגנשטעל לעוועלס: $ 50,000, $ 55, 000, $ 60,000
שטיצן לעוועלס: $ 25,000, $ 20,000, $ 15,000

קויפן ביטקאָין איצט

דיין קאַפּיטאַל איז אין ריזיקירן.

Today, buyers push Bitcoin to the high of $21,800 and pull back. The upward correction is facing rejection at the $22,000 resistance zone. On the upside, if buyers push BTC price above the $22,000 high or the 50-day line SMA, it will signal the resumption of the uptrend. On the other hand, if Bitcoin retraces and breaks below the $20,790 support, the downtrend will resume. The largest cryptocurrency will further decline to the lows of $18,912 and $17,605 price levels.

Korea’s Financial Intelligence Unit Hinder Unregistered Exchange Websites

Korea’s Financial Intelligence Unit (FIU) is the fiscal watchdog of South Korea. The FIU is attempting to obstruct 16 unregistered cryptocurrency exchanges operating in South Korea. The cryptocurrency exchanges are yet to register with relevant authorities in the country. These unregistered exchanges including the likes of KuCoin, Poloniex, and Phemex, were listed alongside 13 other exchanges that are set to be restricted by the FIU. These exchanges are reported to engage in business activities targeting domestic consumers by offering Korean-language websites, running promotional events targeting Korean consumers, and providing credit card payment options for cryptocurrency purchases. The FIU has blocked the operations of the unregistered exchanges by reporting the violation of registration duties and informing their counterparts in the respective countries wherein the businesses operate.

Meanwhile, Bitcoin is declining as it revisits $20.7K support. The coin is falling as it approaches the current support. Meanwhile, on a weekly chart, a retraced candle body tested the 61.8% Fibonacci retracement level on March 28. The retracement suggests that the BTC price will fall to level 1.618 Fibonacci retracement level or $11,822.39.

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