cryptd.in

Vaihtoehtoinen LinkedIn krypto-ystävällisille lahjakkuuksille

Bitcoin Price Rally Incoming? Bulls Target $95K and Beyond

-

by

cryptd.in
osoitteessa

Bitcoin price is rising again above the $94,000 zone. BTC is showing positive signs and might aim for a move above the $95,500 resistance zone.

  • Bitcoin remained supported above the $92,500 zone.
  • The price is trading above $94,000 and the 100 hourly Simple moving average.
  • There is a connecting bearish trend line forming with resistance at $95,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase if it clears the $95,500 zone.

Bitcoin Price Eyes Fresh Rally

Bitcoin price started a short-term downside correction from the $95,250 resistance zone. BTC declined below the $95,000 and $94,500 support levels.

The bears pushed the price below the $93,500 support. However, the bulls were active near the $93,000 support. A low was formed at $92,970 and the price started a fresh increase. There was a move above the $93,500 and $93,800 resistance levels.

The price climbed above the 50% Fib retracement level of the downward move from the $95,195 swing high to the $92,970 low. Bitcoin price is now trading above $94,000 and the 100 hourly Simple moving average.

The price is also above the 76.4% Fib retracement level of the downward move from the $95,195 swing high to the $92,970 low. On the upside, immediate resistance is near the $95,000 level. There is also a connecting bearish trend line forming with resistance at $95,000 on the hourly chart of the BTC/USD pair.

Bitcoin Price

The first key resistance is near the $95,250 level. The next key resistance could be $95,500. A close above the $95,500 resistance might send the price further higher. In the stated case, the price could rise and test the $96,500 resistance level. Any more gains might send the price toward the $98,000 level.

Another Decline In BTC?

If Bitcoin fails to rise above the $95,500 resistance zone, it could start another downside correction. Immediate support on the downside is near the $94,200 level. The first major support is near the $93,500 level.

The next support is now near the $93,000 zone. Any more losses might send the price toward the $92,500 support in the near term. The main support sits at $91,200.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $94,500, followed by $93,500.

Major Resistance Levels – $95,250 and $95,500.

Kommentit

Vastaa

Sähköpostiosoitettasi ei julkaista. Pakolliset kentät on merkitty *

Viimeisimmät syötteet

Suositut kategoriat

fi Suomi

Etsi verkkosivustolta

Suosittuja tarinoita

Tunnisteet

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (369) #BitcoinETF (3) #BitcoinFundamentaalit (1) #BitcoinHandlingKäsittelyn (1) #BitcoinHinta (5) #BitcoinPriceLevel (1) #BitcoinPumppu (1) #BitcoinReserve (1) #BitcoinSurgePyrähdys (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokenit (1) #BTChankinta (1) #BullishPrediction (Ennuste) (1) #BullishSentimentti (1) #ChineseMining (1) #CPKatselu (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #Cryptoennusteet (1) #CryptoSääntely (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (63) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Hollantilainen tuomioistuin (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (62) #EthereumKipu (1) #EthereumPrice (1) #ExpertOpinion (1) #TFedRateCut (1) #FiatCurrency (1) #Rahoitusvaikutus (1) #RahoitusturvaTurvaTurvaTietosuoja (1) #FirmShutdown (1) #Jäädytetyt tilit (1) #IllicitFunds (1) #InflationData (1) 1TP5Sijoitus (1) 1TP5Sijoitustappiot (1) #Japanilainen yritys (1) #LegalAction (1) # Oikeudelliset vaikutukset (1) #Lainsäädäntö (1) #LightningNetwork (1) #M Markkina-analyysi (3) #M Markkinaseuranta (1) #Mmarkkinaennuste (1) #M Markkinaennusteet (1) #M Markkinaprojektio (1) #MarketSupport (1) #Markkinoiden volatiliteetti (1) #Mvaunu (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) 1TP5Rahanpesu (2) #MtGox (3) #NorthKoreaCryptoPohjois-KoreaCrypto (1) #NovogratzEnnustus (1) 1TP5HintaKivi (1) 1TP5Hintaennuste (2) 1TP5HintaKysymys (1) 1TP5HintaPyrähdys (1) #PvankilaLausunto (1) #QuantAnalyysi (1) 1TP5Sääntelypaine (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #Ttekninen analyysi (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashKehittäjä (1) #UKCrypto (1) #UpsidePotentiaali (1) #USKongressi (1) #WyomingLand (1) #XRHinta (1) #XRPupswing (1)

Hyödyllisiä linkkejä

Linkkejä, jotka löysin hyödyllisiksi ja halusin jakaa.