Bitcoin price extended its decline below the $50,000 support against the US Dollar. BTC is now consolidating losses and it remains at a risk of more downside below $48,000.
- Bitcoin declined heavily below the $52,000 和 $50,000 支持水平.
- The price is now trading well below $52,000 和 100 简单移动平均线 (4-小时).
- 有一条关键的看跌趋势线形成，阻力接近 $52,800 on the 4-hours chart of the BTC/USD pair (来自Kraken的数据馈送).
- The pair could correct losses, but it might face resistance near $52,000 和 $52,500.
Bitcoin Price Turns Red
This past week, bitcoin price saw a steady decline from well above $60,000 兑美元. The BTC/USD pair broke many important supports near $55,000 和 $52,500 进入看跌区域.
价格甚至打破了 $50,000 level and it settled below the 100 简单移动平均线 (4-小时). It traded to a new weekly low at $47,511 before it started consolidating losses. There was a minor recovery above the $48,000 和 $48,500 等级.
高于 23.6% 斐波拉契回撤位从 $57,597 高到 $47,511 低. It is now consolidating near the $50,000 水平.
好的方面, the price is facing a major resistance near the $52,000 和 $52,500 等级. 还有一条关键的看跌趋势线形成，阻力接近 $52,800 on the 4-hours chart of the BTC/USD pair. The trend line is close to the 50% 斐波拉契回撤位从 $57,597 高到 $47,511 低.
A successful close above the $52,000 和 $52,500 resistance levels could open the doors for a fresh increase in the coming sessions.
More Losses in BTC?
If bitcoin fails above the $52,000 水平, there is a risk of more losses. 第一个主要支撑位在附近 $48,200 和 $58,000 等级.
下一个主要支撑位在 $57,500 水平. Any more losses might call for a fresh drop towards the $46,000 支持水平. 在所述情况下, there are even chances of a drop towards the key $45,000 support zone in the near term.
4 hours MACD – The MACD for BTC/USD is losing momentum in the bearish zone.
4 小时RSI (相对强度指数) – The RSI for BTC/USD is now well below the 50 水平.