Bitcoin price found support above $22,500 and surged over 6% against the US Dollar. BTC broke many hurdles and might rise further towards the $25,000 resistance.
- Bitcoin started a fresh increase after it found strong bids above $22,500.
- Cijena se sada trguje iznad nivoa od 23,500 USD i jednostavnog pokretnog prosjeka od 100 sati.
- Došlo je do proboja iznad ključne medvjeđe linije trenda, s otporom blizu 23,350 dolara na satnom grafikonu para BTC / USD (podatak iz Krakena).
- The pair is forming a bullish breakout pattern and might rise towards $25,000.
Bitcoin Price Breaks Resistance
Bitcoin cijena je ostao dobro podržan iznad zone od 22,500 dolara. BTC formed a double bottom pattern near the $22,500 level and started a strong increase.
There was a move above the $23,000 and $23,500 resistance levels. The price even surged above the Otpor 24,000 dolara. There was a break above a key bearish trend line with resistance near $23,350 on the hourly chart of the BTC/USD pair.
Bitcoin price even broke the $24,200 resistance and traded as high as $24,488. It is now consolidating gains above the $24,200 support zone. It is also well above the 23.6% Fib retracement level of the upward move from the $22,685 swing low to $24,488 high.
Izvor: BTCUSD na TradingView.com
On the upside, an immediate resistance is near the $24,450 level. The next key resistance is near the $24,500 zone. A close above the $24,500 resistance zone could start another increase. In the stated case, the price may perhaps rise towards the $25,000 resistance.
Dips Limited u BTC-u?
If bitcoin fails to clear the $24,500 resistance zone, it could correct lower. An immediate support on the downside is near the $24,200 level. The next major support now sits near the $24,000 level.
If the bears push the price below the $24,000 support level, there might be a move towards the $23,550 level. It is near the 50% Fib retracement level of the upward move from the $22,685 swing low to $24,488 high. Any more losses might send the price towards $23,450 level or the 100 hourly simple moving average.
Tehnički indikatori:
MACD po satima - MACD sada gubi ritam u bikovskoj zoni.
RSI po satu (indeks relativne snage) - RSI za BTC / USD sada je znatno iznad nivoa od 50.
Glavni nivoi podrške - 24,200 USD, a slijedi 23,500 USD.
Glavni nivoi otpora - 24,450, 24,500 i 25,000 dolara.
Source: https://www.newsbtc.com/analysis/btc/bitcoin-price-surges-6-pc-24k/