Bitcoin made another attempt to gain pace above the $45,000 resistance against the US Dollar. BTC is still consolidating and remain supported near $43,000.
- Bitcoin spiked above the $45,000 resistance zone and traded as high as $45,349.
- De Präis handelt iwwer $ 43,000 an den 100 Stonne einfache bewegende Moyenne.
- Et gëtt eng grouss bullish Trendlinn mat Forming bei der Géigend vun $ 42,500 op der Stonnekaart vum BTC / USD Pair (Datafeed vu Kraken).
- The pair could correct lower, but the bulls might be active near $43,000 or $42,500.
Bitcoin Präis bleiwt ënnerstëtzt
Bitcoin price remained supported above the $43,000 level. BTC made another attempt to start a fresh increase above the $44,500 level. It even spiked above the $45,000 resistance level.
However, there was no upside continuation above $45,350. A high was formed near $45,349 and the price is now correcting gains. There was a move below the $45,000 and $44,500 levels. The price also tested the 23.6% Fib retracement level of the upward move from the $37,030 swing low to $45,349 high.
It is now trading above $43,000 and the 100 hourly simple moving average. There is also a major bullish trend line forming with support near $42,500 on the hourly chart of the BTC/USD pair.
Quell: BTCUSD op TradingView.com
Bitcoin is now facing resistance is near the $44,250 level. The first key resistance is near the $45,000 level. A clear move above the $45,000 resistance might set the pace for a larger increase. In the stated case, the price could surpass $45,500 and test the $46,500 resistance zone. The next major resistance for the bulls may possibly be near the $47,200 level.
Dips Limited am BTC?
Wann bitcoin net fäerdeg ass d'$45,000 Resistenzzone ze läschen, kann et eng Downside Korrektur starten. Eng direkt Ënnerstëtzung um Downside ass no bei der $43,380 Zone.
The next major support is seen near the $43,000 level or the trend line support. If there is a downside break below the trend line support, the price might gain decline towards $41,200. It is near the 50% Fib retracement level of the upward move from the $37,030 swing low to $45,349 high.
Technesch Indikatiounen:
All Stonn MACD - De MACD verléiert elo Tempo an der bullish Zone.
Hourly RSI (Relative Strength Index) - De RSI fir BTC / USD ass elo no bei dem 50 Niveau.
Major Support Levels - $ 43,380, gefollegt vun $ 42,500.
Major Resistenzniveauen - $ 44,250, $ 45,000 an $ 45,350.
Source: https://www.newsbtc.com/analysis/btc/bitcoin-price-gearing-for-another-lift-off/