cryptd.in

Alternativ LinkedIn för kryptovänliga talanger

Bitcoin Price Gains Momentum: Bullish Surge Ahead?

-

av

i

Bitcoin price found support at $67,000 and started a fresh increase. BTC climbed above $69,500 and might continue to rise in the near term.

Bitcoin started a decent increase above the $68,500 and $69,500 resistance levels.
The price is trading above $68,500 and the 100 hourly Simple moving average.
There was a break above a key bearish trend line with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could gain bullish momentum if it settles above the $69,500 level.

Bitcoin Price Remains Traction

Bitcoin price extended its decline below the $67,200 level. BTC retested the $66,650 zone and recently started a fresh increase. There was a clear move above the $68,500 resistance zone.

There was a break above a key bearish trend line with resistance at $68,000 on the hourly chart of the BTC/USD pair. The pair even cleared the $69,500 resistance zone and spiked above $70,000. A high was formed at $70,253 and the price is now correcting gains.

There was a move below the $69,500 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $67,283 swing low to the $70,253 high.

Bitcoin is now trading above $68,500 and the 100 hourly Simple moving average. It is also holding gains above the 50% Fib retracement level of the upward move from the $67,283 swing low to the $70,253 high. On the upside, the price is facing resistance near the $69,200 level.

The first major resistance could be $69,550. The next key resistance could be $70,000. A clear move above the $70,200 resistance might send the price higher. In the stated case, the price could rise and test the $70,600 resistance. Any more gains might send BTC toward the $72,000 resistance.

Another Decline In BTC?

If Bitcoin fails to climb above the $69,500 resistance zone, it could start another decline. Immediate support on the downside is near the $68,750 level.

The first major support is $68,400. The next support is now forming near $68,000. Any more losses might send the price toward the $67,200 support zone in the near term.

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 – $68,400, followed by $68,000.

Major Resistance Levels – $69,500, and $70,000.

Kommentarer

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *

Senaste flödena

Populära kategorier

sv_SE Svenska
sv_SE Svenska en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina

Sök på webbplatsen

Populära berättelser

Etiketter

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenVal (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHantering (1) #BitcoinPris (5) #BitcoinPrisnivå (1) #BitcoinPump (1) #BitcoinReserv (1) #BitcoinSurge (1) #BitcoinTopp (1) #Bitfinex (1) #Bitwise (1) #BracebridgeKapital (1) #BRC20Token (1) #BTCförvärv (1) #BullishPrediktion (1) #BullishSentiment (1) #Ckinesisk gruvdrift (1) #CPIPrecension (1) #Cryptotillgång (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #Cryptoinsikter (1) #CryptoMania (1) #CryptoMarknaden (4) #Cryptoförutsägelse (1) #CryptoFörutsägelser (1) #CryptoReglering (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoOvisshet (1) #DerivativJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolym (1) 1TP5Holländska domstolen (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumSmärta (1) #EthereumPris (1) #ExpertOpinion (1) #FedRateCut (1) #FiatValuta (1) #Finansiell påverkan (1) #FinansiellIntegritet (1) #FirmAvstängning (1) #FrystaKonton (1) #IllicitFonder (1) #InflationData (1) 1TP5Investeringar (1) 1TP5Investeringsförlust (1) #JapanskFirma (1) #LegalAction (1) #Laglig påverkan (1) #Lagstiftning (1) #LightningNätverk (1) #MMarknadsanalys (3) #MarknadenÖvervakning (1) #MarknadenPrediktion (1) #MarknadenFörutsägelser (1) #MarknadenProjektering (1) #Marknadsstöd (1) #MarknadenVolatilitet (1) #M Äktenskap (1) #MemeCoin (5) #MemeCoins (2) #MinerLönsamhet (1) #MpengarTvätt (2) #MtGox (4) #NordkoreaKrypto (1) #NovogratzPrediktion (1) #PrisMilstolpe (1) #PrisPrediktion (2) #PrisFråga (1) #Prisökning (1) #PrisonStraff (1) #QuantAnalys (1) #Regleringstryck (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialaBuzz (1) #Tteknisk analys (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashUtvecklare (1) #UKCrypto (1) #UpsidePotential (1) #USKongressen (1) #WyomingLand (1) #XRPPris (1) #XRPuppsving (1)

Användbara länkar

Länkar som jag tyckte var användbara och ville dela med mig av.