TA: Bitcoin Prints Bullish Pattern, Why Close Above $44K Is Critical
Bitcoin price started a decent increase above the $42,000 level against the US Dollar. BTC is now eyeing a key upside break above the $44,000 resistance zone. Bitcoin started a recovery wave above the $42,000 and $43,000 resistance levels. The price is still trading below $44,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $42,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher if there is a clear break above $44,000. Bitcoin Price Starts Fresh Recovery Bitcoin price....
Related News
Ethereum is showing positive signs above the key $355 support against the US Dollar. ETH price could accelerate higher if it clears the $365 resistance zone. Ethereum is slowly rising and it is now trading well above the $355 support. The price is currently testing the $362 resistance and is above the 100 hourly simple […]
Bitcoin price remained stable above the $17,500 support against the US Dollar. BTC is showing bullish signs and a close above $18,200 could start a fresh surge. Bitcoin formed a support base near the $17,380 level and climbed higher. The price is now well above the $17,500 level and the 100 hourly simple moving average. […]
Bitcoin price dived below $30,000 before it started a major recovery against the US Dollar. BTC is back above $32,000, but it must clear the 100 hourly SMA for more gains. Bitcoin extended its decline below the $30,000 support zone before it started an upside correction. The price is now trading close to the $34,000 […]
Bitcoin price started a fresh increase from the $32,250 support zone against the US Dollar. BTC must settle above the $35,000 resistance to move further into a bullish zone. Bitcoin started a fresh increase above the $33,500 and $34,000 resistance levels. The price is now trading above the $34,000 support and the 100 hourly simple […]
Bitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000. Bitcoin started a fresh increase above the $38,000 and $38,500 resistance levels. The price is currently well above $38,000 and the 100 hourly simple moving average. There […]