Jakarta, Duniafintech.com – Today’s cryptocurrency news reviews the potential price of bitcoin or bitcoin until the end of September 2022.
At the moment, in the last 10 days, the price movement of the crypto-asset with the largest market capitalization looks positive.
Bitcoin market is boosting again. This week is also showing positive signs. So how is the Bitcoin market movement, see today’s crypto news review.
Bitcoin price probability until end of September 2022 – Cryptocurrency news today
More than 10 days after September, the volume of the Bitcoin market began to rise, as traders returned to work after the summer holidays.
With volume returning, volatility appears to be getting stronger, as this week has shown high levels of both bullish and bearish trends for bitcoin. Looking at the rest of the month, what are the odds of bitcoin price movements throughout September 2022?
I mentioned from Liputan6.com Quoting reports Bitcoin.comThursday (15/9/2022), Friday two weeks ago, the United States released data on non-farm payrolls (NFP) in August which showed that there was an increase of 315,000 jobs in the US economy.
Although the labor market remains the cornerstone of optimism in the United States (US), it is not enough to distract attention from the inflation crisis.
Despite better-than-expected non-farm payroll numbers, Bitcoin (BTC) dropped to a two-month low the day after the data was released, dropping below $18,600. Since then, BTC price has mostly consolidated, trading between $19,500 and $20,200 resistance.
Bitcoin market movement
However, on Saturday 10 September 2022, Bitcoin soared in today’s session, with the price moving again above $21,000.
Some analysts attribute the rise to comments from Federal Reserve Chairman Jerome Powell, all of whom will keep raising assured interest rates, until inflation can be tamed or brought under control.
However, on Tuesday, September 13, 2022, the cryptocurrency market, especially Bitcoin, fell again by around $20,000 due to the US inflation data sentiment.
Then on Saturday, BTC is currently trading at $21,224, the highest point since August 26, 2022. The price appears to be heading towards a major resistance level of $21,650 which, if broken, could see bulls take bitcoin to 22,000. American dollar.
In this case, the Relative Strength Index (RSI), currently at 53.95, is likely to approach the 61.50 ceiling.
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Ultimately, in the short term, there appears to be an increase in bullish sentiment, but as this sentiment grows, the question will arise as to how long this can continue.
Accordingly, some may expect further consolidation during September, however, it may occur in a higher range, from the August 2022 support and resistance levels.
The main indicator for September is the RSI and is likely to break 61.50. If this happens, BTC will likely be above $23,000 by the end of September.
Cryptocurrency prices fell on Wednesday, September 14, 2022 – Crypto News Today
Previously, the price of Bitcoin and other major cryptocurrencies was observed to have a consolidated movement on Wednesday, September 14, 2022.
The majority of cryptocurrencies weakened again after having strengthened the previous day.
Based on data from Queen Market CapWednesday (14/9/2022), the cryptocurrency with the largest market capitalization, Bitcoin (BTC) fell by 9.82 percent in the past 24 hours, but it is still up by 6.20 percent in the week.
At the time, the bitcoin price was at $20,145 per coin, or 301.5 million rupees, assuming an exchange rate of 14,967 rupees per US dollar.
Then the Ethereum (ETH) correction continued. Over the past 24 hours, ETH is down 7.23 percent, but it’s still up 0.53 percent over the week. In this way, the ETH level is currently at $1,589 per coin.
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The next cryptocurrency is Binance Coin (BNB), which is still floating in the red. In the last 24 hours, the BNB exchange rate fell by 5.00 percent. But it is still up 4.86 percent for the week. This makes the price of BNB 277.89 USD per coin.
Other top rated crypto prices
Then Cardano crypto weakened again in trading yesterday afternoon. On the last day, ADA is down 7.77 percent, but still slightly up 0.79 percent for the week. Thus, the price of ADA is 0.4679 USD per coin.
Meanwhile, Solana (SOL) is stuck in the red. Over the last day, SOL weakened by 10.17 percent, but is still up 8.31 percent weekly. Currently, SOL is priced at $33.66 per coin.
Likewise, XRP also weakened. XRP is down 6.81 percent in the past 24 hours, but is still up 2.85 percent this week. In this way, the price of XRP is now $0.3336 per coin.
Stablecoin Tether (USDT) and USD Coin (USDC), both clearly strengthening by 0.01%. This makes the price both remain at the $1.00 level
Meanwhile, the US dollar (BUSD) cryptocurrency Binance weakened by 0.01 percent in the past 24 hours, bringing the price down slightly to $0.9999.
As for the total market capitalization of cryptocurrencies within 24 hours, it fell below $1 trillion, which is around $991.3 billion.
This is today’s cryptocurrency news review. I hope this information is useful to you.
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Author: Contributor / Shuhada Banji A