Bitcoin price gained further momentum and traded to a new all-time high near $42,000 兑美元. BTC is currently consolidating gains and it could surge towards $45K and $50K.
- Bitcoin is trading in a strong uptrend above the $36,000 和 $40,000 support levels.
- The price is consolidating above $40,000, and it is well above the 100 简单移动平均线 (4-小时).
- There is a key contracting triangle forming with resistance near $41,200 on the 4-hours chart of the BTC/USD pair (来自Kraken的数据馈送).
- The pair is likely to continue higher towards the $44,000 和 $45,000 levels in the near term.
In the past few days, there were additional gains in bitcoin price above the $35,000 对美元的抵抗. The BTC/USD pair broke many major hurdles near $36,000 和 $38,000 to continue higher.
It even surged above the $40,000 level and settled well above the 100 简单移动平均线 (4-小时). Bitcoin traded to a new all-time high at $42,068 before it started consolidating gains. There was a minor decline below $41,000 水平.
The price even tested the $40,000 水平. 然而, the bulls were able to protect the 23.6% 最近的斐波拉契回撤位从 $29,995 摆动低到 $42,068 高.
It seems like there is a key contracting triangle forming with resistance near $41,200 on the 4-hours chart of the BTC/USD pair. If there is an upside break above the triangle resistance and $41,500, the price is likely to resume its upward move.
An initial resistance is near the $42,068 高, above which the price is likely to gain 5%-8%. In the stated cases, 的 $45,000 level could be an easy target for the bulls. Any more gains might open the doors for a push towards the $50,000 区.
Dips Supported in BTC?
If bitcoin fails to continue high above the triangle resistance, there is a risk of a downside break below $40,000. The first major support is near the $39,200.
A clear close below the $39,200 support may possibly lead the price towards the next major support at $36,000. 它靠近 50% 最近的斐波拉契回撤位从 $29,995 摆动低到 $42,068 高.
4 hours MACD – The MACD for BTC/USD is gaining momentum in the bullish zone.
4 小时RSI (相对强度指数) – The RSI for BTC/USD is still well above the 60 水平.