ביטקאָין פּרייַז ריטריץ נאָך פעד באַשלוס אָבער 100 סמאַ איז דער שליסל

Bitcoin price climbed higher towards $18,400 before there was a bearish reaction. BTC is now trading near a major support at $17,550 and might bounce back.

  • Bitcoin broke the $18,000 resistance zone before there was a downside correction.
  • די פּרייַז איז טריידינג העכער $ 17,500 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 17,580 XNUMX $.
  • The pair could start a fresh increase unless it trades below the 100 hourly SMA.

שטיצט ביטקאָין פּרייס בלייבט

Bitcoin price extended its increase above the $17,800 resistance zone. BTC even climbed above the $18,000 resistance zone and settled well above the 100 hourly simple moving average.

The price traded as high as $18,387 before there was a bearish reaction. The Fed increased interest rates by 0.5%, sparking sharp moves in the market. BTC price reacted the downside and traded below the $18,000 support zone. There was a clear move below the 23.6% Fib retracement level of the upward move from the $16,880 low to $18,387 high.

However, bitcoin price is trading above $17,500 and the 100 אַורלי פּשוט מאָווינג דורכשניטלעך. It is holding the 50% Fib retracement level of the upward move from the $16,880 low to $18,387 high.

There is also a key bullish trend line forming with support near $17,580 on the hourly chart of the BTC/USD pair. On the upside, an immediate resistance is near the $17,900 level. The first major resistance is near the $18,000 zone, above which the price may perhaps revisit the $18,400 zone.

ביטקאָין פּרייַז

The next major resistance is near $18,500, above which the price might gain pace and rise towards the $19,200 zone in the near term.

דאַונסייד ברעכן אין בטק?

If bitcoin fails to clear the $18,000 resistance, there could be more downsides. An immediate support on the downside is near the $17,580 level and the trend line support.

The next major support is near the $17,400 zone and the 100 hourly simple moving average. A downside break below the $17,400 support might call more losses. In the stated case, the price could decline towards the $16,800 support in the near term.

טעכניש ינדאַקייטערז:

אַורלי מאַקד - די מאַקד איז איצט גיינינג גאַנג אין די בעריש זאָנע.

אַורלי רסי (קאָרעוו שטאַרקייט אינדעקס) - די רסי פֿאַר בטק / וסד איז איצט אונטער די 50 מדרגה.

הויפּט שטיצן לעוועלס - 17,580 $, נאכגעגאנגען דורך $ 17,400.

הויפּט קעגנשטעל לעוועלס - $ 17,900, $ 18,000 און $ 18,500.

Source: https://newsbtc.com/analysis/btc/bitcoin-price-retreats-18k/