{"id":8837,"date":"2022-09-16T19:04:13","date_gmt":"2022-09-16T19:04:13","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/09\/16\/bitcoin-barely-holds-onto-20000-support\/"},"modified":"2022-09-16T19:04:13","modified_gmt":"2022-09-16T19:04:13","slug":"bitcoin-barely-holds-onto-20000-support","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/09\/16\/bitcoin-barely-holds-onto-20000-support\/","title":{"rendered":"Bitcoin Barely Holds Onto $20,000 Support"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<p>In this episode of NewsBTC\u2019s <a href=\"https:\/\/www.youtube.com\/watch?v=VXfyLKxyCCw&amp;list=PLcOfhdUALFaOXvxuoWoCWZoYXc7iq-brg\" target=\"_blank\" rel=\"noopener\">daily technical analysis videos<\/a>, we offer a weekly wrap up on Bitcoin value motion and look forward into what could be a vital weekend for crypto<span style=\"font-weight: 400\">.<\/span><\/p>\n<div>\n<h2>VIDEO: Bitcoin Price Analysis (BTCUSD):\u00a0September 16, 2022<\/h2>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Overall, there isn\u2019t all that rather more to report this week. Bitcoin remains to be struggling to take care of assist and continues to creep decrease and decrease. We might get some kind of bigger motion quickly, nevertheless. The LMACD is near crossing bearish on the each day. \u00a0Sometimes, though the crossover appears to be like all however assured, the 2 strains can diverge upward and costs start to climb.<\/span><\/p>\n<p><p class=\"responsive-video-wrap clr\"><iframe loading=\"lazy\" title=\"Bitcoin Barely Hangs Onto $20K Support\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/85L_4nnx6Zg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/p>\n<h3>Bears Uncross Bullish Weekly Signals, Bulls Have The Weekend To Counter<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">In truth, the bullish crossover reported earlier this week on the weekly open, has now been uncrossed by bears. The Relative Strength Index purchase sign can also be gone from weekly BTCUSD value charts.\u00a0<\/span><span style=\"font-weight: 400\">Bitcoin can also be barely hanging onto horizontal weekly assist. Losing it places $14K in play.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">There can also be a possible diagonal development line that could be demonstrating a flip of resistance turned assist when drawn from the 2019 peak. The double-top then, might be an indication {that a} double backside in the end holds right here. Or not.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-502567 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-860x514.png\" alt=\"BTCUSD_2022-09-16_14-54-02\" width=\"860\" height=\"514\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-860x514.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-460x275.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-768x459.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-1536x917.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-2048x1223.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-750x448.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-54-02-1140x681.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<pre style=\"text-align: center\">Bears uncross bullish alerts from Monday's video | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener\">BTCUSD on TradingView.com<\/a><\/pre>\n<h3>Is The Third Time The Charm For The Bitcoin Bottom?<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">On the two-week timeframe, each the LMACD and Relative Strength Index are at a degree the place BTC bottomed throughout previous bear markets. While a 3rd time isn\u2019t assured, it is also the appeal.<\/span><\/p>\n<p style=\"font-weight: 400\"><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-502568 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-860x489.png\" alt=\"BTCUSD_2022-09-16_14-55-26\" width=\"860\" height=\"489\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-860x489.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-460x262.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-768x437.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-1536x874.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-2048x1165.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-750x427.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-55-26-1140x648.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<pre style=\"text-align: center\">Could the third time be the appeal? | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener\">BTCUSD on TradingView.com<\/a><\/pre>\n<p>Related Reading: <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-bear-market-btcusd-september-14-2022\/\">WATCH: Bitcoin Bear Market Corrective Patterns Examined | BTCUSD September 14, 2022<\/a><\/p>\n<h3>Why Final Capitulation In Crypto Could Still Be Ahead<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">The month-to-month LMACD histogram might present that there&#8217;s extra room for momentum to maneuver down. The Relative Strength Index on month-to-month timeframes is now the bottom in Bitcoin historical past.\u00a0<\/span><span style=\"font-weight: 400\">Finally, the Ichimoku on the month-to-month exhibits what might need been a bullish sign, that&#8217;s now trying far more ominous as a substitute.\u00a0<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">The Tenkan-sen and Kijun-sen are crossed bullish, however are about to cross bearish in any case this time. Final capitulation in BTCUSD at all times occurred <em>after<\/em> this sign fired.\u00a0<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">If the month-to-month doesn\u2019t shut considerably increased, hazard turns into far more imminent. It additionally could also be too late at this level for bulls to keep away from a crossover, even when Bitcoin skyrockets from right here. How which will impression value motion stays to be seen.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">The last lows in Bitcoin must be due quickly sufficient, or are already behind us, so keep sharp.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-502569 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-860x489.png\" alt=\"BTCUSD_2022-09-16_14-56-58\" width=\"860\" height=\"489\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-860x489.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-460x262.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-768x437.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-1536x874.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-2048x1165.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-750x427.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/09\/BTCUSD_2022-09-16_14-56-58-1140x648.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<pre style=\"text-align: center\">Is capitulation coming? | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener\">BTCUSD on TradingView.com<\/a><\/pre>\n<p>Learn crypto technical evaluation your self with the NewsBTC Trading Course. <a href=\"https:\/\/www.newsbtc.com\/trading-courses\/\">Click here<\/a> to entry the free academic program.<\/p>\n<p><b><i>Follow <\/i><\/b><a href=\"https:\/\/twitter.com\/tonyspilotroBTC\"><b><i>@TonySpilotroBTC on Twitter<\/i><\/b><\/a><b><i> or be part of\u00a0<\/i><\/b><a href=\"https:\/\/t.me\/TonyTradesBTC\"><b><i>the TonyTradesBTC Telegram<\/i><\/b><\/a><b><i> for unique each day market insights and technical evaluation schooling<\/i><\/b><b><i>. Please notice: Content is\u00a0academic and shouldn&#8217;t be\u00a0thought of funding recommendation.<\/i><\/b><\/p>\n<pre>Featured picture from iStockPhoto, Charts from TradingView.com<\/pre>\n<\/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:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-20000-btcusd-september-16-2022\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] In this episode of NewsBTC\u2019s daily technical analysis videos, we offer a weekly wrap up on Bitcoin value motion and look forward into what could be a vital weekend for crypto. VIDEO: Bitcoin Price Analysis (BTCUSD):\u00a0September 16, 2022 Overall, there isn\u2019t all that rather more to report this week. Bitcoin remains to be struggling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8839,"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":[1689,20,1784,162],"class_list":["post-8837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-barely","tag-bitcoin","tag-holds","tag-support","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\/8837","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=8837"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/8837\/revisions"}],"predecessor-version":[{"id":8838,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/8837\/revisions\/8838"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/8839"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=8837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=8837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=8837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel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