.Derad: Empowering of the future of Onchain Aviation 
Reason to trust
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Made by experts from the industry and carefully assessed
The highest standards in reporting and publishing
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Morbi Pretium Leo et Nisl Aliquam Mollis. Quisque Arcu Lorem, Ultricies Quis Pellentesque NEC, Ullamcorper Eu Odio.
Este Artículo También Está Disponible and Español.
Bitcoin price started a new increase above $ 80,000 zone. BTC now consolidates profits and perhaps corrects some to test the $ 80,500 zone.
- Bitcoin started a new increase above $ 80,000 zone.
- The price is traded above $ 80,500 and the simple simple advancing average of 100 hours.
- There was a break above an important bearish trend line with resistance at $ 78,800 on the hour table of the BTC/USD pair (data feed from Kraken).
- The couple could start another increase if it knew the $ 83,500 zone.
Bitcoin -Price jumps more than 5%
Bitcoin price started a new increase compared to the $ 74,500 zone. BTC formed a basis and was given pace for a movement above the resistance levels of $ 78,500 and $ 80,000.
The bulls pumped the price above the resistance of $ 80,500. There was a break over an important bearish trend line with resistance at $ 78,800 on the hour table of the BTC/USD pair. The couple even knew the $ 82,500 resistance zone. A high was formed at $ 83,548 and the price is now consolidating the profit above the 23.6% FIB retracement level of the upward movement of the $ 74,572 Swing low to $ 83,548 high.
Bitcoin price is now traded above $ 80,200 and the 100 -hour simple advancing average. At the top is immediate resistance near the level of $ 83,200. The first key resistance is near the level of $ 83,500.
The next key resistance can be $ 84,500. A close -up resistance of $ 84,500 can further send the price. In the case mentioned, the price could rise and the resistance level of $ 85,800 tests. More profits can send the price to the $ 88,000 level.
Are dips supported in BTC?
If Bitcoin does not rise above the $ 83,500 resistance zone, this can start a downward correction. Immediate support on the disadvantage is near the level of $ 81,400. The first major support is near the level of $ 80,500.
The next support is now near the $ 79,500 zone or the 50% FIB retracement level of the upward movement of the $ 74,572 Swing low to $ 83,548 High. More losses can send the price to $ 78,000 support in the short term. The most important support is $ 75,000.
Technical indicators:
MACD per hour – The MACD now wins pace in the bullish zone.
Picly RSI (Relative strength -Index) -The RSI for BTC/USD is now above 50 -level.
Important support levels – $ 81,400, followed by $ 80,500.
Large resistance levels – $ 83,500 and $ 84,500.
