Bitcoin price is declining from the $27,500 resistance. BTC traded below $26,500 and now remains at risk of a drop toward the $25,500 support zone.
- Bitcoin is moving lower from the $27,400 and $27,500 resistance levels.
- די פּרייַז איז טריידינג אונטער $ 26,500 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
- אויף אַ שעה טשאַרט פון די BTC / USD פּאָר (דאַטן קאָרמען פֿון Kraken), עס איז אַ שליסל בעריש גאַנג שורה פאָרמינג מיט קעגנשטעל לעבן 26,650 XNUMX $.
- The pair could recover but upsides might be limited above the $26,500 resistance.
ביטקאָין פּרייס עקסטענדס אַראָפּגיין
Bitcoin price started another decline from the $27,500 resistance zone. BTC failed to stay in a positive zone above the $26,850 support zone and extended its decline.
The bears were able to push the price below the key $26,550 support zone. The price even spiked below the $26,000 level. A low is formed near $25,865 and the price is now consolidating losses. Bitcoin price is trading below $26,500 and the 100 hourly Simple moving average.
There is also a key bearish trend line forming with resistance near $26,650 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $26,250 level or the 23.6% Fib retracement level of the recent decline from the $27,511 swing high to the $25,865 low.
The next major resistance is near the $26,400 level. The main resistance is now near $26,550 and the trend line. It is close to the 50% Fib retracement level of the recent decline from the $27,511 swing high to the $25,865 low. A close above the $26,550 resistance zone might send the price toward the $27,200 resistance zone.
מקור: BTCUSD אויף TradingView.com
The next key resistance is near $27,500, above which the price might gain bullish momentum toward the $28,000 resistance. Any more gains might send the price toward the $28,500 level.
מער לאָססעס אין בטק?
אויב ביטקאָין ס פּרייַז פיילז צו ויסמעקן די $ 26,550 קעגנשטעל, עס קען פאָרזעצן צו מאַך אַראָפּ. גלייך שטיצן אויף די דאַונסייד איז לעבן די $ 25,850 מדרגה.
The next major support is near the $25,500 zone, below which the price might dive toward the $25,000 support. Any more losses might take Bitcoin toward the $24,000 level in the near term.
טעכניש ינדאַקייטערז:
אַורלי מאַקד - די MACD איז איצט לוזינג גאַנג אין די בעריש זאָנע.
אַורלי רסי (קאָרעוו שטאַרקייט אינדעקס) - די רסי פֿאַר בטק / וסד איז איצט אונטער די 40 מדרגה.
הויפּט שטיצן לעוועלס - 25,850 $, נאכגעגאנגען דורך $ 25,500.
הויפּט רעסיסטאַנסע לעוועלס - $ 26,250, $ 26,550 און $ 26,650.
Source: https://www.newsbtc.com/analysis/btc/bitcoin-bears-aim-25000/