Bitcoin price failed to settle above $23,500 and corrected lower. BTC is trading above $22,400, but it is now trading below the 100 hourly SMA.
- Bitcoin beweegt sech lues méi niddereg vun der $23,500 Resistenzzone.
- De Präis handelt ënner $ 23,000 an den 100 Stonne einfache bewegende Moyenne.
- Et gëtt e Schlësselvertragende Dräieck formt mat Resistenz no bei 23,000 XNUMX $ op der Stonneplang vum BTC / USD Pair (Datafeed vu Kraken).
- D'Koppel kéint eng frësch Erhéijung ufänken wann et der $ 23,000 Resistenzzone läscht.
Bitcoin Präis Gesiichter Widderstand
Bitcoin Präis versicht a frësch Erhéijung above the $23,500 resistance zone. However, BTC struggled to gain bullish momentum above the $23,800 level. A new yearly high was formed near $23,829 and the price started a downside correction.
There was a drop below the $23,200 and $23,000 support levels. The price even spiked below $22,500 and traded as low as $22,492. It is now consolidating losses above $22,500.
Bitcoin Präis gëtt elo ënner $ 23,000 gehandelt an den 100 Stonn einfach bewegt Duerchschnëtt. There is also a key contracting triangle forming with resistance near $23,000 on the hourly chart of the BTC/USD pair.
It is slowly moving above the 23.6% Fib retracement level of the recent decline from the $23,829 swing high to $22,492 low. An immediate resistance is near the $23,000 level, the 100 hourly simple moving average, and the triangle trend line.
Source: BTCUSD op TradingView.com
The next major resistance is near the $23,150 zone or the 50% Fib retracement level of the recent decline from the $23,829 swing high to $22,492 low, above which the price might gain bullish momentum. In the stated case, the price may perhaps rise towards the $23,800 level. The next resistance could be near the $24,200 level. Any more gains might send btc price towards the $25,000 level.
Downside Break am BTC?
If bitcoin price fails to clear the $23,000 resistance, it could continue to move down. An immediate support on the downside is near the $22,500 zone and the triangle lower trend line.
Déi nächst grouss Ënnerstëtzung ass no bei der $22,400 Zone. Eng Downside Paus ënner dem $22,400 Niveau kéint de Präis op den $22,000 Niveau schécken. All méi Verloschter kënnen de Präis op $ 21,250 an der kuerzer Dauer schécken.
Technesch Indikatiounen:
All Stonn MACD - De MACD verléiert elo Tempo an der bullish Zone.
All Stonn RSI (Relative Strength Index) - De RSI fir BTC / USD ass elo ënner dem 50 Niveau.
Major Support Levels - $ 22,500, gefollegt vun $ 22,400.
Major Resistenzniveauen - $ 23,000, $ 23,150 an $ 23,500.
Source: https://newsbtc.com/analysis/btc/bitcoin-price-holds-support-22-4k/