Bitcoin price crash

Bitcoin’s price today is 36,172.46 USD, with a 24-hour trading volume of 32.53 B USD. BTC is down -4.47% in the last 24 hours. It is currently -16.83% from its 7-day all-time high of 43,489.72 USD, and 9.73% from its 7-day all-time low of 32,965.42 USD. BTC has a circulating supply of 18.94 M BTC and a max supply of 21.00 M BTC.

Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs.

After a move above USD 37,000, bitcoin price attempted a close above the USD 38,000 resistance zone. However, BTC struggled to remain stable and started a fresh decline. There was a sharp decline below the USD 37,200 and USD 37,000 levels. It even declined below USD 36,000 and tested USD 35,000 before recovering near USD 36,000 again. On the downside, an initial support is near the USD 35,200 level. The next major support is near USD 35,000, below which the price could revisit USD 34,000.

On the upside, the price is facing resistance near the USD 36,200 level. The next major resistance is near USD 37,000, above which the price might rise towards the USD 38,000 hurdle.

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