Bitcoin price remained well supported above the $22,300 zone. BTC is rising and might aim a fresh increase above the $23,500 resistance zone.
- Bitcoin started a minor downside correction and tested the $22,400 support zone.
- די פּרייַז איז טריידינג העכער $ 22,500 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
- אויף דער שעה טשאַרט פון די BTC / USD פּאָר (דאַטן קאָרמען פֿון Kraken) עס איז אַ שליסל בוליש גאַנג ליניע פאָרמינג מיט שטיצן לעבן 22,100 XNUMX $.
- The pair could start a fresh surge if it clears the $23,500 resistance zone.
ביטקאָין פּרייַז ייז אן אנדער פאַרגרעסערן
Bitcoin price gained pace above the $22,500 resistance zone. BTC even traded above the $23,000 level before it faced sellers near the $23,500 zone. There was a minor downside correction from the $23,400 zone, similar to עטהערעום.
The price traded as high as $23,428 before there was a דאַונסייד קערעקשאַן. There was a move below the $23,000 level. The price even dipped below the 23.6% Fib retracement level of the upward wave from the $20,396 swing low to $24,249 high.
However, the price is stable above $22,500 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $22,100 on the hourly chart of the BTC/USD pair.
מקור: בטקוסד אויף TradingView.com
An immediate resistance is near the $23,200 level. The next major resistance is near the $23,400 zone, above which the price might gain bullish momentum. In the stated case, the price may perhaps rise even clear the $23,500 level. The next hurdle could be near the $24,200 level. Any more gains might send btc price towards the $25,000 level.
Fresh Downside Correction in BTC?
If bitcoin price fails to clear the $23,400 resistance, it could start another downside correction. An immediate support on the downside is near the $22,700 zone.
The next major support is near the $22,100 zone and the trend line, below which it could test the 50% Fib retracement level of the upward wave from the $20,396 swing low to $24,249 high. Any more losses might send the price to $21,500 in the near term.
טעכניש ינדאַקייטערז:
אַורלי MACD - די MACD איז איצט גיינינג גאַנג אין די בוליש זאָנע.
אַורלי רסי (קאָרעוו סטרענגטה אינדעקס) - די רסי פֿאַר בטק / וסד איז איצט העכער די 50 מדרגה.
הויפּט שטיצן לעוועלס - 22,700 $, נאכגעגאנגען דורך $ 22,100.
הויפּט קעגנשטעל לעוועלס - $ 23,200, $ 23,400 און $ 23,500.
Source: https://newsbtc.com/analysis/btc/bitcoin-price-surge-to-25k/