Bitcoin

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Bears are keeping the pressure on, according to <a href="https://u.today/btc-eth-and-xrp-price-prediction-for-march-18" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="209c2bea-1e28-4c7b-aa9c-f2e9e02ef1cb" src="https://u.today/sites/default/files/inline-images/top10_1003.png">BTC chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The rate of Bitcoin (BTC) has declined by almost 6% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="68d85261-9331-445b-9f2e-8462bf796a0f" src="https://u.today/sites/default/files/inline-images/btc1_180.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of BTC is trading near the support of $62,443.&nbsp;
If the daily bar closes near that mark, traders may expect a breakout, followed by a further drop to $62,000 and below. <img data-entity-type="file" data-entity-uuid="d63b188a-8387-4410-94ed-a362e8fe0624" src="https://u.today/sites/default/files/inline-images/btc2_161.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the candle is about to close near it. If that happens, the correction may continue to the $58,000-$60,000 zone until the end of the week. <img data-entity-type="file" data-entity-uuid="c6f29b3d-137c-4bc2-82aa-b63daee78d5e" src="https://u.today/sites/default/files/inline-images/btc3_159.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the rate of the main crypto is falling after a false breakout of the $70,184 level. If the weekly bar closes below $65,000, there is a possibility to see a test of the $55,000 area next month.
Bitcoin is trading at $62,600 at press time.

Bitcoin (BTC) Price Prediction for March 19

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