Bitcoin price extended its decline below the $30,000 support against the US Dollar. BTC is finding bids near $29,250 and it might attempt an upside correction.
- Bitcoin is following a bearish path and it broke the key $30,000 支撑区.
- The price is now trading well below $31,000 和 100 每小时简单移动平均线.
- 有一条关键的看跌趋势线形成，阻力接近 $31,300 在BTC / USD货币对的小时图上 (来自Kraken的数据馈送).
- The pair could start a decent upside correction if it remains stable above the $29,250 水平.
Bitcoin Price Settles Below $30K
Bitcoin price extended its decline below the $30,200 和 $30,000 支持水平. BTC even settled well below the $30,000 水平和 100 hourly simple moving average to move further into a bearish zone.
The price even spiked below $29,500 and traded as low as $29,313. It seems like bitcoin is forming a support base above the $29,250 水平. An initial resistance on the upside is near the $30,000 水平. 它靠近 23.6% Fib retracement level of the recent downward move from the $31,900 向高处摆动 $29,313 低.
The first major resistance is near the $30,600 水平. 它靠近 50% Fib retracement level of the recent downward move from the $31,900 向高处摆动 $29,313 低.
还有一条关键的看跌趋势线形成，阻力接近 $31,300 在BTC / USD货币对的小时图上. In the short-term, bitcoin price might start a decent recovery above $30,000, but it might face barriers near the $31,000 近期水平.
More Losses in BTC?
If bitcoin fails to recover above the $30,000 和 $30,600 抵抗水平, there is a risk of more losses. 下行方面的初步支撑接近 $29,350 水平.
The first major support is now near the $29,250 区. A clear downside break below the recent low and $29,250 might call for a move below the $29,000 水平. The next key support is seen near the $28,000 水平.
Hourly MACD – The MACD is now losing pace in the bearish zone.
每小时RSI (相对强度指数) – The RSI for BTC/USD is rising and it might soon clear the 50 水平.
主要支持级别– $29,250, 其次是 $29,000.
主要抵抗水平– $30,000, $30,600 和 $31,000.