Bitcoin struggled to gain pace above the $48,000 resistance against the US Dollar. BTC is correcting gains, but dips might be limited below $46,000.
- Bitcoin gained pace above $47,500 and traded as high as $48,200.
- די פּרייַז איז טריידינג העכער $ 46,500 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
- There is a key breakout pattern forming with support near $46,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- די פּאָר קען אָנהייבן אַ פריש פאַרגרעסערן אויב עס סטייז העכער די שטיצן זאָנע פון $ 46,000.
שטיצט ביטקאָין פּרייס בלייבט
Bitcoin price extended increase above the $ 47,500 קעגנשטעל זאָנע. BTC even broke the $48,000 resistance zone and traded as high as $48,200.
Recently, there was a downside correction from the $48,200 high. The price declined below the 23.6% Fib retracement level of the upward move from the $44,468 swing low $48,200 high. However, it is still trading above the 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
There is also a key breakout pattern forming with support near $46,300 on the hourly chart of the BTC/USD pair. On the upside, the price is facing resistance near the $47,600 level.
מקור: בטקוסד אויף TradingView.com
The next major resistance could be near the $47,800 zone and the triangle trend line. A successful break and close above the triangle resistance might push the price towards $48,200. The next major hurdle on the upside might be near the $49,000 level. Any more gains could send the price towards the key the $50,000 level.
דיפּס געשטיצט אין בטק?
If bitcoin fails to clear the $47,800 resistance zone, it could correct further lower. An immediate support on the downside is near the $47,000 zone. The next major support is seen near the $46,800 level. The key support is now forming near the $46,400 level and the triangle trend line. It is near the 50% Fib retracement level of the upward move from the $44,468 swing low $48,200 high.
A downside break below the $46,300 support zone could send the price to $46,000 and the 100 hourly SMA. Any more losses might put a lot of pressure on the bulls in the near term.
טעכניש ינדאַקייטערז:
אַורלי MACD - די MACD איז סלאָולי גיינינג גאַנג אין די בעריש זאָנע.
אַורלי רסי (קאָרעוו סטרענגטה אינדעקס) - די רסי פֿאַר בטק / וסד איז איצט פּונקט אונטער די 50 מדרגה.
הויפּט שטיצן לעוועלס - 46,800 $, נאכגעגאנגען דורך $ 46,300.
הויפּט קעגנשטעל לעוועלס - $ 47,800, $ 48,000 און $ 48,200.
Source: https://www.newsbtc.com/analysis/btc/bitcoin-corrects-to-46k/