Bitcoin price gained pace and traded above $23,000. BTC is consolidating gains and might start another increase towards $23,500.
- Bitcoin traded to a new yearly high at $23,428 before it started a downside correction.
- De Präis handelt iwwer $ 22,000 an den 100 Stonne einfache bewegende Moyenne.
- Et gëtt eng grouss bullish Trendlinn mat Forming bei der Géigend vun $ 22,000 op der Stonnekaart vum BTC / USD Pair (Datafeed vu Kraken).
- De Pair kéint eng frësch Erhéijung ufänken wann et iwwer der $ 22,000 Supportzon bleift.
Bitcoin Price Eyes Additional Gains
Bitcoin price started a major increase above the $21,500 resistance zone. BTC gained pace and even broke the $22,000 resistance zone, similar to ethereum op $ 1,550.
The price surged above the $22,500 level and settled well above the 100 hourly simple moving average. It traded to a new yearly high at $23,428 and recently started a minor downside correction. There was a minor move below the $23,000 level.
Bitcoin price declined below the 23.6% Fib retracement level of the upward move from the $20,395 swing low to $24,248 high. However, the price is still trading above $22,000 and the 100 Stonn einfach bewegt Duerchschnëtt.
There is also a major bullish trend line forming with support near $22,000 on the hourly chart of the BTC/USD pair. An immediate resistance is near the $23,000 level. The next major resistance is near the $23,200 zone, above which the price might gain bullish momentum.
Source: BTCUSD op TradingView.com
Am uginnene Fall kann de Präis vläicht op den Niveau vun 23,500 $ eropgoen. All méi Gewënn kéint de btc Präis op den $24,500 Niveau schécken.
Nodeeler Korrektur am BTC?
Wann de Bitcoin Präis net fäerdeg bréngt d'$23,000 Resistenz ze läschen, kann et weider erof goen. Eng direkt Ënnerstëtzung um Downside ass no bei der $22,400 Zone.
The next major support is near the $22,000 zone and the trend line. It is close to the 50% Fib retracement level of the upward move from the $20,395 swing low to $24,248 high, below which the price might gain bearish momentum and test $21,200. Any more losses might send the price to $20,500 in the near term.
Technesch Indikatiounen:
All Stonn MACD - De MACD verléiert elo Tempo an der bearish Zone.
All Stonn RSI (Relative Strength Index) - De RSI fir BTC / USD ass elo iwwer dem 50 Niveau.
Major Support Levels - $ 22,400, gefollegt vun $ 22,000.
Major Resistenzniveauen - $ 23,000, $ 23,200 an $ 23,500.
Source: https://newsbtc.com/analysis/btc/bitcoin-bulls-keeps-pushing-24k/