Bitcoin price is correcting lower from the $27,400 resistance. BTC could start a fresh increase if it is able to clear the $26,600 resistance zone.
- Bitcoin started a fresh decline after it failed to clear the $27,400 resistance.
- De Präis handelt ënner $ 26,600 an den 100 Stonne Simple Plënneren Moyenne.
- Et ass e Schlëssel zréckgeet Kanal mat Resistenz bei $ 26,580 am Stonneplang vum BTC / USD Paar (Datefeed vu Kraken).
- The pair could attempt a fresh increase if it clears the $26,580 and $26,600 levels.
Bitcoin Präis hält Ënnerstëtzung
Bitcoin price was able to climb back above the $27,000 level. BTC even climbed above $27,200 before the bears appeared near the $27,400 zone.
A high was formed near $27,368 before the price started a fresh decline. There was a move below the $27,000 support zone. The price declined below the 50% Fib retracement level of the upward move from the $25,368 swing low to the $27,368 high.
Bitcoin price is now trading below $26,600 and the 100 hourly Simple moving average. There is also a key declining channel forming with resistance near $26,580 on the hourly chart of the BTC/USD pair.
However, it is holding the $26,200 support and the 61.8% Fib retracement level of the upward move from the $25,368 swing low to the $27,368 high. Immediate resistance is near the $26,580 level and the channel zone. The next major resistance is near the $26,600 level. A close above $26,600 might send the price further higher.
Quell: BTCUSD op TradingView.com
Déi nächst Schlësselresistenz ass no bei der $27,000 Niveau. Eng kloer Beweegung iwwer d'$27,000 Resistenz kéint e Beweegung Richtung $27,400 Resistenz uruffen. All méi Gewënn iwwer d'$27,400 Resistenzzone kéint de Präis an d'$28,500 Resistenzzone schécken.
Méi Verloschter am BTC?
Wann de Präis vum Bitcoin net fäerdeg ass d'$26,600 Resistenz ze läschen, kann et weider erof goen. aner Ënnergang. Direkt Ënnerstëtzung um Downside ass no bei der $26,200 Niveau.
The next major support is near the $25,840 level, below which the price might gain bearish momentum. In the stated case, the price could drop toward the $25,400 support.
Technesch Indikatiounen:
Hourly MACD - De MACD gewënnt elo Tempo an der bearish Zone.
Hourly RSI (Relative Strength Index) - De RSI fir BTC / USD ass ënner dem 50 Niveau.
Major Support Levels - $ 26,200, gefollegt vun $ 25,840.
Major Resistance Levels - $ 26,600, $ 27,000, an $ 27,400.
Source: https://www.newsbtc.com/analysis/btc/bitcoin-price-could-increase-26600/