{"id":18697,"date":"2023-03-04T16:13:19","date_gmt":"2023-03-04T16:13:19","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/03\/04\/popular-analyst-predicts-bitcoin-btc-price-might-hit-19k-soon\/"},"modified":"2023-03-04T16:13:19","modified_gmt":"2023-03-04T16:13:19","slug":"popular-analyst-predicts-bitcoin-btc-price-might-hit-19k-soon","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/03\/04\/popular-analyst-predicts-bitcoin-btc-price-might-hit-19k-soon\/","title":{"rendered":"Popular Analyst Predicts Bitcoin (BTC) Price Might Hit $19K Soon"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/bitcoin-btc-price-analyst-19k-crypto\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>The crypto neighborhood erupted in pleasure because the <a href=\"https:\/\/coingape.com\/price\/bitcoin\/\" target=\"_blank\" rel=\"noopener\">price of Bitcoin (BTC)<\/a> shocked the market by breaking the $25,000 threshold for the primary time on February 16. The flagship <a href=\"https:\/\/coingape.com\/glossary\/cryptocurrency\/\">cryptocurrency<\/a> ultimately managed to succeed in the coveted value stage after a chronic wrestle that lasted eight months, nonetheless, BTC has since then been on a roller-coaster experience, dropping to values of $21K. Few analysts predict that BTC would possibly drop even additional to ranges of $19.5K because of the continuing market downturn.<\/p>\n<h2>Bitcoin (BTC) Price On Tight Spot<\/h2>\n<p>On March 3, the worth of Bitcoin skilled a precipitous decline, falling from $23,435 to $22,259 within the span of only one hour. This transpired after the share value of <a href=\"https:\/\/coingape.com\/tag\/silvergate-capital\">Silvergate Bank<\/a> \u2014 one among crypto\u2019s favored banking companions \u2014 plunged by 60% as a result of issues surrounding the financial institution\u2019s sustainability over the subsequent twelve months.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><em><strong>Read More:<\/strong>\u00a0<strong><a href=\"https:\/\/coingape.com\/defi-lending-platforms\/\" target=\"_blank\" rel=\"noopener\">Check Out The Top 10 DeFi Lending Platforms Of 2023<\/a><\/strong><\/em><\/p>\n<p>With main crypto corporations severing ties with the financial institution, the market witnessed a pointy decline and is presently reeling below strain on the rising uncertainty of additional repercussions. According to a outstanding crypto analyst, Michael van de Poppe, Bitcoin\u2019s value may expertise a steep drop which may take it as little as $19.5K if BTC fails to keep up its place across the $22.3K vary.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<h2>Crypto Crash On The Horizon?<\/h2>\n<p>Michael additional provides to his prediction by <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1632016041042747392?s=20\">stating<\/a> that Bitcoin reaching the $19,500 mark would possibly lead to a whole massacre within the cryptocurrency market, with <a href=\"https:\/\/coingape.com\/glossary\/altcoins\/\">altcoins<\/a> experiencing a drop of roughly 15-25%. With the Sword of Damocles hanging over Bitcoin \u2014 the biggest crypto by <a href=\"https:\/\/coingape.com\/glossary\/market-capitalization\/\">market cap<\/a> \u2014 it stays weak to additional decline in case of any unfavorable information associated to the crypto sector emerges.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-141294 size-full\" alt=\"Bitcoin (BTC) Price\" width=\"1350\" height=\"686\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/04203732\/Screenshot-2023-03-04-203642.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-141294 size-full\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/04203732\/Screenshot-2023-03-04-203642.png\" alt=\"Bitcoin (BTC) Price\" width=\"1350\" height=\"686\"\/><\/noscript><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Additionally, it needs to be famous that BTC\u2019s technical evaluation (TA) indicators at CoinGape\u2019s <a href=\"https:\/\/coingape.com\/markets\/\" target=\"_blank\" rel=\"noopener\">crypto market<\/a> tracker additionally advocate promoting as summarised by <a href=\"https:\/\/coingape.com\/glossary\/macd-moving-average-convergence-divergnece\/\" target=\"_blank\" rel=\"noopener\">moving averages<\/a> suggesting \u201csell\u201d at 12 and \u201cbuy\u201d at 5. As issues presently stand, the worth of Bitcoin (BTC) is buying and selling at $22,374 which represents a decline of 0.05% over the previous one hour, in distinction to a drop of two.86% during the last seven days.<\/p>\n<p><em><strong>Also Read:\u00a0<a title=\"Binance CEO Contemplates Voyager Deal Exit Amid Escalating Regulatory Pressure\" href=\"https:\/\/coingape.com\/binance-news-contemplates-voyager-deal-exit\/\" target=\"_blank\" rel=\"bookmark noopener\">Binance CEO Contemplates Voyager Deal Exit Amid Escalating Regulatory Pressure<\/a><\/strong><\/em><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA141290\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Pratik has been a crypto evangelist since 2016 &amp; been by way of nearly all that crypto has to supply. Be it the ICO increase, bear markets of 2018, Bitcoin halving to until now &#8211; he has seen all of it.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD141290\">\n<p>  The offered content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any accountability on your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/bitcoin-btc-price-analyst-19k-crypto\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The crypto neighborhood erupted in pleasure because the price of Bitcoin (BTC) shocked the market by breaking the $25,000 threshold for the primary time on February 16. The flagship cryptocurrency ultimately managed to succeed in the coveted value stage after a chronic wrestle that lasted eight months, nonetheless, BTC has since then been on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[2383,551,20,31,794,1474,837,110],"class_list":["post-18697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-19k","tag-analyst","tag-bitcoin","tag-btc","tag-hit","tag-popular","tag-predicts","tag-price","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=18697"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18697\/revisions"}],"predecessor-version":[{"id":18698,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18697\/revisions\/18698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/18699"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=18697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=18697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=18697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}