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Daily: Bitcoin stopped near $20,500</h1></div></div><div class="time_date_block"><ul class="time_date"><li>Jun 21, 2022</li><li>09:06</li><li>2 min reading</li></ul><div class="author_block"><div class="author_image"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2720%27%20height=%2720%27/%3e"/></span><img alt="Choise.com team" srcSet="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=32&q=75 1x, /_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75 2x" src="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div><div class="author_name"><span class="dynamic_author"></span>Choise.com team</div></div></div><div class="content"><div class="main_image"><img title="Crypto Daily: Bitcoin stopped near $20,500" alt="Crypto Daily: Bitcoin stopped near $20,500" fetchpriority="high" width="1200" height="628" decoding="async" data-nimg="1" class="directus_image " style="color:transparent" srcSet="/_next/image?url=https%3A%2F%2Fcms.choise.com%2Fassets%2F7785f0f3-f931-4a66-ab3a-e5d64d23bb3c.jpg&w=1200&q=75 1x, /_next/image?url=https%3A%2F%2Fcms.choise.com%2Fassets%2F7785f0f3-f931-4a66-ab3a-e5d64d23bb3c.jpg&w=3840&q=75 2x" src="/_next/image?url=https%3A%2F%2Fcms.choise.com%2Fassets%2F7785f0f3-f931-4a66-ab3a-e5d64d23bb3c.jpg&w=3840&q=75"/></div><div class="content_block"><p>Yesterday, the price of Bitcoin did not change and continued to stay near the $20,500 mark. Moreover, trading volumes decreased by 20% and amounted to $29 billion. At the same time, the rest of the market showed an upward movement. Many altcoins have risen in price by 20% and even 30%. This largely influenced the mood of market participants.</p> <p>These sentiments can also go to the bitcoin market, which is the flagship of the entire crypto market. Let’s take a look at its chart and try to figure out if he will repeat the movements of altcoins or not:</p> <p><img class="alignnone size-full wp-image-13504" src="https://webinar.choise.com/wp/2022/06/BTCUSDT_2022-06-21_09-49-56.png" alt="" width="1503" height="867" loading="lazy"/></p> <p>Yesterday, the price of Bitcoin was moving in a narrow range of $19,600 – $21,000. Neither buyers nor sellers could get a clear advantage. As a result, the price came to equilibrium and did not change significantly.</p> <p>At the same time, $21,000 is the main resistance level at the moment. Buyers tried several times to overcome it, but sellers immediately turned on and pushed the price back down. This suggests that the buyers are not yet strong enough to make a real reversal for Bitcoin.</p> <p>During these movements, a “rising wedge” pattern formed on the chart on the hourly timeframe. This formation is a reversal and appears at the top of a trend move. Yesterday, the price had already dropped below the lower boundary of the wedge and tested it from the bottom up. This means that in the next two days we will be able to observe the culmination of this fractal. If this figure is worked out, the price of Bitcoin may drop to $19,200.</p> <p>This movement will help unload the indicators, including the RSI on the hourly timeframe. In turn, this will open up space for a new upward movement and a consolidation above the $21,000 level. Thus, this week we expect to see a new round of struggle between buyers and sellers with Bitcoin fixing above $21,000 by the end of the week.</p> <p><span data-sheets-value="{"1":2,"2":"In conclusion, the recent surge in Bitcoin prices has sparked renewed interest in virtual cards for Bitcoin as a means of securely managing and spending cryptocurrency assets. Virtual cards offer a convenient and practical solution for consumers looking to invest in Bitcoin and use it for everyday transactions. With the cryptocurrency market continuing to evolve and mature, virtual card providers and Bitcoin platforms are likely to introduce new features and services to meet the needs of a growing user base. As digital currencies become increasingly mainstream, virtual cards for Bitcoin are poised to play an important role in the future of payments and financial transactions."}" data-sheets-userformat="{"2":573,"3":{"1":0},"5":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"6":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"7":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"8":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"12":0}">In conclusion, the recent surge in Bitcoin prices has sparked renewed interest in virtual cards for Bitcoin as a means of securely managing and spending cryptocurrency assets. Virtual cards offer a convenient and practical solution for consumers looking to invest in Bitcoin and use it for everyday transactions. With the cryptocurrency market continuing to evolve and mature, virtual card providers and Bitcoin platforms are likely to introduce new features and services to meet the needs of a growing user base. As digital currencies become increasingly mainstream, virtual cards for Bitcoin are poised to play an important role in the future of payments and financial transactions.</span></p> <p>Open a <span data-sheets-value="{"1":2,"2":"virtual card bitcoin"}" data-sheets-userformat="{"2":1049149,"3":{"1":0},"5":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"6":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"7":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"8":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"12":0,"23":1}" data-sheets-hyperlink="https://choise.com/cards"><a class="in-cell-link" href="https://choise.com/cards" target="_blank" rel="noopener">virtual card bitcoin.</a></span></p></div></div><ul class="sc-a1b0f443-0 fTNNTN news_breadcrumbs"><li><a href="/news">News</a></li><li><a href="/news/dailyanalysis">Daily Analysis</a></li><li><span>Crypto Daily: Bitcoin stopped near $20,500</span></li></ul><div class="sc-ebb48054-0 hCkBCM"><button class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/twitter.svg" alt="Crypto Daily: Bitcoin stopped near $20,500"/></button><button class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/telegram.svg" alt="Crypto Daily: Bitcoin stopped near $20,500 - Telegram"/></button><button class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/facebook.svg" alt="Crypto Daily: Bitcoin stopped near $20,500 - Facebook"/></button></div></section></div></section></main><footer id="footer" class="sc-3dbed908-0 fGcfsC"><div style="max-width:1200px" class="sc-7bf978d5-0 jWSTwu center_block "><div class="top_block"><div class="content"><div class="description"><div class="description_information"><p>The website and mobile apps are owned by the company Choise Services UAB. 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$20,500","date_created":"2022-06-21T08:25:22.000Z","image":{"filename_disk":"7785f0f3-f931-4a66-ab3a-e5d64d23bb3c.jpg","width":1200,"height":628},"old_image":null,"seo_image":null,"category":{"id":"82","title":"Daily Analysis","slug":"dailyanalysis","translations":[{"title":"Daily Analysis","seo_title":null,"seo_description":null,"seo_keywords":null}]},"translations":[{"title":"Crypto Daily: Bitcoin stopped near $20,500","content":"\u003cp\u003eYesterday, the price of Bitcoin did not change and continued to stay near the $20,500 mark. Moreover, trading volumes decreased by 20% and amounted to $29 billion. At the same time, the rest of the market showed an upward movement. Many altcoins have risen in price by 20% and even 30%. This largely influenced the mood of market participants.\u003c/p\u003e\n\u003cp\u003eThese sentiments can also go to the bitcoin market, which is the flagship of the entire crypto market. Let\u0026rsquo;s take a look at its chart and try to figure out if he will repeat the movements of altcoins or not:\u003c/p\u003e\n\u003cp\u003e\u003cimg class=\"alignnone size-full wp-image-13504\" src=\"https://webinar.choise.com/wp/2022/06/BTCUSDT_2022-06-21_09-49-56.png\" alt=\"\" width=\"1503\" height=\"867\" loading=\"lazy\" /\u003e\u003c/p\u003e\n\u003cp\u003eYesterday, the price of Bitcoin was moving in a narrow range of $19,600 \u0026ndash; $21,000. Neither buyers nor sellers could get a clear advantage. As a result, the price came to equilibrium and did not change significantly.\u003c/p\u003e\n\u003cp\u003eAt the same time, $21,000 is the main resistance level at the moment. Buyers tried several times to overcome it, but sellers immediately turned on and pushed the price back down. This suggests that the buyers are not yet strong enough to make a real reversal for Bitcoin.\u003c/p\u003e\n\u003cp\u003eDuring these movements, a \u0026ldquo;rising wedge\u0026rdquo; pattern formed on the chart on the hourly timeframe. This formation is a reversal and appears at the top of a trend move. Yesterday, the price had already dropped below the lower boundary of the wedge and tested it from the bottom up. This means that in the next two days we will be able to observe the culmination of this fractal. If this figure is worked out, the price of Bitcoin may drop to $19,200.\u003c/p\u003e\n\u003cp\u003eThis movement will help unload the indicators, including the RSI on the hourly timeframe. In turn, this will open up space for a new upward movement and a consolidation above the $21,000 level. Thus, this week we expect to see a new round of struggle between buyers and sellers with Bitcoin fixing above $21,000 by the end of the week.\u003c/p\u003e\n\u003cp\u003e\u003cspan data-sheets-value=\"{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:\u0026quot;In conclusion, the recent surge in Bitcoin prices has sparked renewed interest in virtual cards for Bitcoin as a means of securely managing and spending cryptocurrency assets. Virtual cards offer a convenient and practical solution for consumers looking to invest in Bitcoin and use it for everyday transactions. With the cryptocurrency market continuing to evolve and mature, virtual card providers and Bitcoin platforms are likely to introduce new features and services to meet the needs of a growing user base. As digital currencies become increasingly mainstream, virtual cards for Bitcoin are poised to play an important role in the future of payments and financial transactions.\u0026quot;}\" data-sheets-userformat=\"{\u0026quot;2\u0026quot;:573,\u0026quot;3\u0026quot;:{\u0026quot;1\u0026quot;:0},\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;6\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;7\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;8\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;12\u0026quot;:0}\"\u003eIn conclusion, the recent surge in Bitcoin prices has sparked renewed interest in virtual cards for Bitcoin as a means of securely managing and spending cryptocurrency assets. Virtual cards offer a convenient and practical solution for consumers looking to invest in Bitcoin and use it for everyday transactions. With the cryptocurrency market continuing to evolve and mature, virtual card providers and Bitcoin platforms are likely to introduce new features and services to meet the needs of a growing user base. As digital currencies become increasingly mainstream, virtual cards for Bitcoin are poised to play an important role in the future of payments and financial transactions.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003eOpen a \u003cspan data-sheets-value=\"{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:\u0026quot;virtual card bitcoin\u0026quot;}\" data-sheets-userformat=\"{\u0026quot;2\u0026quot;:1049149,\u0026quot;3\u0026quot;:{\u0026quot;1\u0026quot;:0},\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;6\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;7\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;8\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;12\u0026quot;:0,\u0026quot;23\u0026quot;:1}\" data-sheets-hyperlink=\"https://choise.com/cards\"\u003e\u003ca class=\"in-cell-link\" href=\"https://choise.com/cards\" target=\"_blank\" rel=\"noopener\"\u003evirtual card bitcoin.\u003c/a\u003e\u003c/span\u003e\u003c/p\u003e","short_content":"Yesterday, the price of Bitcoin did not change and continued to stay near the $20,500 mark. Moreover, trading volumes decreased by 20% and amounted to $29 billion. ","seo_title":null,"seo_description":null,"seo_keywords":null}]}},"__N_SSP":true},"page":"/news/[category]/[slug]","query":{"category":"dailyanalysis","slug":"crypto-daily-bitcoin-stopped-near-20-500"},"buildId":"pnPclDEvF5ORCHIipmwih","isFallback":false,"isExperimentalCompile":false,"gssp":true,"locale":"en","locales":["en","es"],"defaultLocale":"en","scriptLoader":[]}</script></body></html>