Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance.
- Bitcoin corrected lower, but it found support near the $20,500 zones.
- De Präis handelt iwwer $ 21,000 an den 100 Stonne einfache bewegende Moyenne.
- There is a short-term key bullish trend line forming with support near $21,050 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- D'Paar kéint eng frësch Erhéijung starten wann et eng kloer Beweegung iwwer d'$21,500 Resistenzzone gëtt.
Bitcoin Präis bleiwt ënnerstëtzt
Bitcoin price started a downside correction from the $21,500 resistance zone. BTC declined below the $21,000 support zone, similar to ethereum.
However, the bulls were active near the $20,500 and $20,400 support levels. A low is formed near $20,395 and the price is now rising. There was a clear move above the $20,850 resistance zone. The bulls pushed the price above the 50% Fib retracement level of the recent decline from the $21,639 swing high to $20,395 low.
Bitcoin Präis gëtt elo iwwer $ 21,000 gehandelt an den 100 Stonn einfach bewegt Duerchschnëtt. There is also a short-term key bullish trend line forming with support near $21,050 on the hourly chart of the BTC/USD pair.
An immediate resistance is near the $21,160 level. It is near the 61.8% Fib retracement level of the recent decline from the $21,639 swing high to $20,395. The next major resistance is near the $21,500 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 22,000 $ eropgoen. All méi Gewënn kéint de btc Präis op den $22,500 Niveau schécken.
En aneren Drop am BTC?
If bitcoin price fails to clear the $21,250 resistance, it could start a fresh decline. An immediate support on the downside is near the $21,050 zone and the trend line.
The next major support is near the $20,500 zone, below which the price might gain bearish momentum and test $20,000. Any more losses might send the price to $19,500 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 - $ 20,500, gefollegt vun $ 20,000.
Major Resistenzniveauen - $ 21,160, $ 21,250 an $ 21,500.
Source: https://newsbtc.com/analysis/btc/bitcoin-price-fresh-increase-21-5k/