{"id":9012,"date":"2022-09-19T15:17:41","date_gmt":"2022-09-19T15:17:41","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2022\/09\/19\/popular-analyst-predicts-bitcoin-btc-price-could-fall-below-15000\/"},"modified":"2022-09-19T15:17:41","modified_gmt":"2022-09-19T15:17:41","slug":"popular-analyst-predicts-bitcoin-btc-price-could-fall-below-15000","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2022\/09\/19\/popular-analyst-predicts-bitcoin-btc-price-could-fall-below-15000\/","title":{"rendered":"Popular Analyst Predicts Bitcoin (BTC) Price Could Fall Below $15,000"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/popular-analyst-predicts-bitcoin-btc-price-could-fall-below-15000\/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>Bitcoin (BTC) worth tumbled practically 8% within the final 24 hours because the U.S. greenback index continues to maneuver above 110, making the crypto and equities markets weak forward of the <a href=\"https:\/\/coingape.com\/glossary\/federal-reserve-system\/\" target=\"_blank\" rel=\"noopener\">Fed<\/a>\u2018s FOMC assembly on September 20-21. Popular crypto analyst <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/rektcapital\/status\/1571827530138800128\" target=\"_blank\">Rekt Capital predicts<\/a> BTC worth may fall under $13,900, and to $11,500 in an excessive state of affairs.<\/p>\n<div class=\"quads-location quads-ad90952 \" id=\"quads-ad90952\" style=\"float:none;margin:0px 0 0px 0;text-align:center;padding:0px 0 0px 0;\">\n<a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=180936;size=647x80;setID=509734\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"647\" height=\"80\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"647\" height=\"80\"\/><\/noscript><\/a>\n<\/div>\n<h2>Historical Data Indicates Bitcoin (BTC) Price Can Fall Further<\/h2>\n<p>In the month-to-month timeframe, the Bitcoin worth is at the moment struggling to surpass the $20,000 stage, exhibiting a weak point. The $20,000-$23,350 vary will principally resolve bears and <a href=\"https:\/\/coingape.com\/glossary\/bull-market\/\" target=\"_blank\" rel=\"noopener\">bulls <\/a>right here. The worth actions in July and August point out the distinction within the buy-side stress, with $20,000 as help.<\/p>\n<figure id=\"attachment_121902\" aria-describedby=\"caption-attachment-121902\" style=\"width: 608px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-121902\" alt=\"Bitcoin BTC Price Monthly Timeframe\" width=\"608\" height=\"431\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/09\/19191339\/Bitcoin-BTC-Price-Monthly-Timeframe.webp\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-121902\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/09\/19191339\/Bitcoin-BTC-Price-Monthly-Timeframe.webp\" alt=\"Bitcoin BTC Price Monthly Timeframe\" width=\"608\" height=\"431\"\/><\/noscript><figcaption id=\"caption-attachment-121902\" class=\"wp-caption-text\">Bitcoin BTC Price Monthly Timeframe. Source: Rekt Capital<\/figcaption><\/figure>\n<p>However, <a href=\"https:\/\/coingape.com\/bitcoin-btc-price-remain-below-20000-this-year\/\" target=\"_blank\" rel=\"noopener\">price movement in September<\/a> has been so weak and suggests $20,000 is now turning right into a resistance stage. If the month ends with Bitcoin (BTC) worth under the $20,000 stage, the subsequent help ranges are $17,165 and $13,900.<\/p>\n<p>Historically, the Bitcoin (BTC) worth varieties a backside at or under the 200-weekly transferring common (WMA) after a Death Cross. The post-Death Cross retracements have been within the vary of -42% to -73%.<\/p>\n<figure id=\"attachment_121903\" aria-describedby=\"caption-attachment-121903\" style=\"width: 609px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-121903\" alt=\"Bitcoin (BTC) Price Bottom\" width=\"609\" height=\"432\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/09\/19191939\/Bitcoin-BTC-Price-Bottom.webp\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-121903\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/09\/19191939\/Bitcoin-BTC-Price-Bottom.webp\" alt=\"Bitcoin (BTC) Price Bottom\" width=\"609\" height=\"432\"\/><\/noscript><figcaption id=\"caption-attachment-121903\" class=\"wp-caption-text\">Bitcoin (BTC) Price Bottom. Source: Rekt Capital<\/figcaption><\/figure>\n<p>Therefore, contemplating the historic post-Death Cross retracements and help ranges, the Bitcoin worth to backside at round $13,900. In the intense state of affairs, the BTC worth to backside at $11,500.<\/p>\n<p>As the BTC worth is already under the 200-WMA and psychological stage of $20,000, the draw back appears most certainly. However, there&#8217;s a large distinction in market cap measurement, liquidity, and institutional and retail adoption of Bitcoin now as in comparison with earlier instances.<\/p>\n<p><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">Bitcoin<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> bottomed 547 days earlier than the <a href=\"https:\/\/coingape.com\/glossary\/bitcoin-halving-2\/\" target=\"_blank\" rel=\"noopener\">Bitcoin Halving<\/a> in 2015 and<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> 517 days earlier than the Bitcoin Halving in 2018. Therefore, if Bitcoin goes to backside 517-547 days earlier than the upcoming April 2024 Halving, then the underside will happen in This fall this yr.<\/span><\/p>\n<h2>Macros Impacting BTC Price<\/h2>\n<p>Despite a <a href=\"https:\/\/coingape.com\/bitcoin-btc-price-may-reclaim-200-wma\/\" target=\"_blank\" rel=\"noopener\">growing number of new daily addresses<\/a>, the Bitcoin worth continues to dive under $20,000.<\/p>\n<p>The Bitcoin (BTC) worth will principally rely on the Fed charge hike on September 21. Wall Street specialists equivalent to <a href=\"https:\/\/coingape.com\/goldman-sachs-predicts-interest-rate-hike-for-next-three-months\/\" target=\"_blank\" rel=\"noopener\">Goldman Sachs predict a 75 bps rate hike<\/a>\u00a0in September and 50 bps charge hikes in November and December. According to the\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/www.cmegroup.com\/trading\/interest-rates\/countdown-to-fomc.html\" target=\"_blank\">CME FedWatch Tool<\/a>, the chance of a 75 bps charge hike is 80%.<\/p>\n<p>Currently, the BTC worth is buying and selling above the $19,000 stage after recovering practically 4% from the 24-hour backside at $18,390. If the U.S. greenback index stays close to 110, the BTC worth might be beneath stress.<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA121894\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nVarinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency business for a considerable interval and is at the moment masking all the newest updates and developments within the crypto business.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD121894\">\n<p> The offered content material might embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/coingape.com\/popular-analyst-predicts-bitcoin-btc-price-could-fall-below-15000\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) worth tumbled practically 8% within the final 24 hours because the U.S. greenback index continues to maneuver above 110, making the crypto and equities markets weak forward of the Fed\u2018s FOMC assembly on September 20-21. Popular crypto analyst Rekt Capital predicts BTC worth may fall under $13,900, and to $11,500 in an excessive [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[634,20,31,636,1475,635,110],"class_list":{"0":"post-9012","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-analyst","9":"tag-bitcoin","10":"tag-btc","11":"tag-fall","12":"tag-popular","13":"tag-predicts","14":"tag-price"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/9012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=9012"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/9012\/revisions"}],"predecessor-version":[{"id":9013,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/9012\/revisions\/9013"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/4792"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=9012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=9012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=9012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}