Bitcoin price remained stable above the $16,000 support zone. BTC could start a decent recovery wave if there is a clear move above the 100 hourly SMA.
- Bitcoin blouf gutt Offer iwwer den $16,000 an $15,800 Support Niveauen.
- De Präis handelt ënner $ 17,000 an den 100 Stonne einfache bewegende Moyenne.
- Et gëtt eng gréisser bearish Trendlinn mat Form mat Resistenz bei $ 16,800 XNUMX op der Stonnekaart vum BTC / USD Pair (Datafeed vu Kraken).
- De Pair kéint eng Erhuelungswell starten wann et d'$17,000 Resistenzzone läscht.
Bitcoin Präis Gesiichter Hürden
Bitcoin price reacted to the downside once again after it failed to clear the $17,200 zone. BTC declined below the $17,000 and $16,500 levels. It even spiked below the $16,200 level.
However, the bulls were active above the $16,000 support zone. A low was formed near $16,164 and the price started a slow increase. There was a move above the $16,400 and $16,500 levels. The price cleared the 50% Fib retracement level of the recent decline from the $17,149 swing high to $16,154 low.
Bitcoin Präis gëtt elo ënner $ 17,000 gehandelt an den 100 Stonn einfach bewegt Duerchschnëtt. It is testing the 61.8% Fib retracement level of the recent decline from the $17,149 swing high to $16,154 low.
On the upside, an immediate resistance is near the $16,800 level. There is also a major bearish trend line forming with resistance near $16,800 on the hourly chart of the BTC/USD pair, and the 100 hourly simple moving average. A clear move above the $17,000 resistance might push the price further higher.
Source: BTCUSD op TradingView.com
The next major resistance is near $17,200, above which the price could test the $17,750 zone. Any more gains might send the price towards the $18,000 resistance zone.
Frësch Oflehnung am BTC?
Wann bitcoin et net fäerdeg bréngt eng Erhuelungswelle iwwer d'$17,000 Resistenzzon ze starten, kann et weider erof goen. Eng direkt Ënnerstëtzung um Downside ass no bei der $16,400 Niveau.
Déi nächst grouss Ënnerstëtzung ass no bei der $16,150 Zone. Eng kloer Beweegung ënner der $16,150 Ënnerstëtzung kéint de Präis weider méi niddereg drécken. An dësem Fall kann de Präis vläicht géint d'$ 15,550 Support Zone erofgoen.
Technesch Indikatiounen:
Hourly MACD - De MACD gewënnt elo Tempo an der bullish Zone.
All Stonn RSI (Relative Strength Index) - De RSI fir BTC / USD ass elo iwwer dem 50 Niveau.
Major Support Levels - $ 16,150, gefollegt vun $ 15,550.
Major Resistenzniveauen - $ 16,800, $ 17,000 an $ 17,500.
Source: https://www.newsbtc.com/analysis/btc/bitcoin-price-consolidates-17k-key/