Bitcoin Price Prediction for Today May 8: BTC Price Declines but Remains above $28,000
Bitcoin Retraces above Critical Support As It Remains Above $28,000 – May 8, 2023
Bitcoin (BTC) faces rejection at the psychological price barrier of $30,000 but remains above $28,000. The bulls made many attempts to surpass the most recent high but were unsuccessful. The price of BTC has moved below the lines of the moving average, indicating a further decline in cryptocurrency. The value of the largest cryptocurrency may drop as low as $25,200. Bitcoin Price Statistics Data: •Bitcoin price now – $28,265.61 •Bitcoin market cap – $547,483,047,492 •Bitcoin circulating supply – 19,367,187 BTC •Bitcoin total supply – $593,206,936,294 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 The biggest cryptocurrency has started to sell again after being rejected at its recent high of $29,847. Since April 26, BTC pricing has been rejected three more times at ...