Bitcoin price started a downside correction after it broke $39,000 兑美元. BTC tested the key $35,000 support and it is currently consolidating losses.
- Bitcoin started a downside correction below the $39,000 和 $38,000 support levels.
- The price is now trading well below $38,000 和 100 每小时简单移动平均线.
- There was a break below a key contracting triangle with support near $40,000 on the hourly chart of the BTC/USD pair (来自Kraken的数据馈送).
- The pair is holding a major support near $35,000, below which it could dive another $2,000.
Bitcoin Price Corrects Lower
After forming a short-term top near the $42,000 水平, bitcoin price started a downside correction. BTC broke a couple of important supports near the $40,000 level to start the current correction.
There was also a break below a key contracting triangle with support near $40,000 on the hourly chart of the BTC/USD pair. The pair settled well below the $38,000 水平和 100 每小时简单移动平均线.
There was also a spike below the 50% 斐波拉契回撤位从 $29,894 摆动低到 $42,068 高高摇摆. 然而, the bulls were seen active near the $35,000 支撑区 (the last key breakout zone).
The next major support is near the $34,500 水平. 它靠近 61.8% 斐波拉契回撤位从 $29,894 摆动低到 $42,068 高高摇摆. If bitcoin fails to stay above the $35,000 和 $34,500 support levels, it could start another decline. The next major support below $34,500 is near the $32,000 水平.
Fresh Increase in BTC?
If bitcoin stays above the $34,500 和 $35,000 support levels, it could start a fresh increase. An initial resistance on the upside is near the $37,800 水平. There is also a contracting triangle forming with resistance near $38,000.
A clear break above the $37,800 和 $38,000 resistance levels may possibly spark a bullish wave. The next key resistance is near the $39,200 水平和 100 每小时简单移动平均线 (the recent breakdown zone). A close above $39,200 might increase the chances of a fresh wave towards the $42,000 水平.
Hourly MACD – The MACD is gaining momentum in the bearish zone.
每小时RSI (相对强度指数) – The RSI for BTC/USD dipped below the 40 水平.
主要支持级别– $35,000, 其次是 $34,500.
主要抵抗水平– $37,800, $38,000 和 $39,200.