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 recovery wave above $ 80,000 zone. BTC is now rising and can strive for a movement above the levels of $ 84,000 and $ 85,000.
- Bitcoin started a decent wave above $ 80,000 zone.
- The price is traded above $ 82,000 and the simple simple advancing average of 100 hours.
- There is a connecting bullish trend line that forms with support at $ 82,000 on the hourly table of the BTC/USD pair (data specialty).
- The couple could start a new increase if it knew the $ 84,000 and $ 85,000 levels.
Bitcoin -Price eyes outbreak
Bitcoin price remained strong above the level of $ 78,000. BTC formed a basis and recently started a recovery wave above the resistance level of $ 80,000.
The bulls pushed the price above the resistance level of $ 82,000. The price exceeded the 23.6% FIB retracement level of the downward wave of $ 91,060 Swing high to $ 76,820 low. De Beren, however, are now active in the vicinity of the $ 84,000 resistance zone.
Bitcoin price is now traded above $ 82,000 and the 100 simple advancing average. There is also a connecting bullish trend line that forms with support for $ 82,000 on the hour table of the BTC/USD pair.
At the top is immediate resistance near the level of $ 84,000 and the 50% FIB retracement level of the downward wave of the $ 91,060 Swing high to $ 76,820 low. The first key resistance is near the $ 85,000 level. The next key resistance can be $ 85,650.
A close -up resistance of $ 85,650 can further send the price. In the case mentioned, the price could rise and the resistance level of $ 86,500 tests. More profits can send the price to the $ 88,000 level or even $ 96,200.
Another drop in BTC?
If Bitcoin does not rise above the $ 84,000 resistance zone, this can start a new decline. Immediate support on the disadvantage is near the level of $ 82,000 and the trend line. The first major support is near the level of $ 81,200.
The next support is now near the $ 80,000 zone. More losses can send the price to $ 78,000 support in the short term. The most important support is at $ 76,500.
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 – $ 82,000, followed by $ 81,200.
Important resistance levels – $ 84,000 and $ 85,000.
