Bitcoin price broke the main $36,000 e $36,500 resistance levels against the US Dollar. BTC is back in a positive zone and it is likely to continue higher towards $38,800 e $39,200.
- Bitcoin climbed higher nicely and it was able to clear the 36,000 e $36,500 livelli di resistenza.
- The price is now trading nicely above the $37,000 level and the 100 hourly simple moving average.
- There was a break above a key bearish trend line with resistance near $34,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could continue to move higher towards the $38,800 e $39,200 livelli di resistenza.
Bitcoin Price Jumps 10%
After forming a support base above $32,000, bitcoin price started a fresh increase. BTC surpassed the $34,000 e $35,000 resistance levels to move into a positive zone.
The bulls gained strength when there was a break above a key bearish trend line with resistance near $34,300 on the hourly chart of the BTC/USD pair. The pair consolidated above the trend line before it climbed above the $36,000 resistance level.
There was a strong wave and the price was able to clear the $37,000 level as well. Il prezzo è stato scambiato fino a $38,223 e si stabilì ben al di sopra del 100 hourly simple moving average.
fonte: BTCUSD su TradingView.com
Sul lato negativo, an initial support is near the $36,800 livello. È vicino al 23.6% Livello di ritracciamento Fib del recente aumento dal $32,320 swing low to $38,223 alto. The main support is now forming near the $36,000 level and the 100 hourly simple moving average (the recent breakout zone).
Bitcoin price is clearly showing positive signs and it seems like it could continue to rise towards the $38,800 resistance level. The next key resistance is at $39,200, above which the price could retest $40,000.
Dips Are Attractive in BTC?
If bitcoin starts a downside correction, il $36,000 zone is likely to act as a massive strong. The next support is near the $35,250 livello. È vicino al 50% Livello di ritracciamento Fib del recente aumento dal $32,320 swing low to $38,223 alto.
A downside break below the $35,200 e $35,000 support levels may possibly push the price back into a bearish zone in the near term.
Hourly MACD – The MACD is slowly gaining momentum in the bullish zone.
Hourly RSI (Indice di forza relativa) – The RSI for BTC/USD is now well above the 60 livello.
Livelli di supporto principali - $36,250, seguito da $36,000.
Principali livelli di resistenza - $38,250, $38,800 e $39,200.
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