The price of Bitcoin (BTC) has dropped marginally as it fails to break above the $24,000 overriding resistance. Breaking the overriding resistance would have signaled the resumption of the upward momentum.
However, as buyers failed to break the overriding resistance of $24,000, the bitcoin price was forced to resume selling pressure. The bitcoin price forms a series of lower highs and lower lows. When the price breaks below a previous low, the downtrend resumes. On the other hand, if the price breaks above a previous high, the current downtrend is considered to be over.
Today, BTC broke above the previous low, indicating a further decline in Bitcoin. Bitcoin has fallen and is fluctuating between the 21-day line SMA and the 50-day line SMA. The largest cryptocurrency will fall if the BTC price falls below the 21-day line SMA. This will force Bitcoin to retest the psychological price level of $20,000. Likewise, if Bitcoin finds support above the 21-day line SMA, the uptrend will resume. On the upside, if buyers keep the price above the 50-day line SMA, Bitcoin will rise and retest the $24,000 overhead resistance.
Bitcoin көрсөткүчүн окуу
Bitcoin price is at the 51 level of the Relative Strength Index of period 14, which indicates that there is a balance between supply and demand. The cryptocurrency price is fluctuating between the 21-day line SMA and the 50-day line SMA, which indicates a sideways movement. The cryptocurrency is below the 80% area of the daily stochastic. This indicates that the market is in a bearish momentum.
Негизги каршылык зоналары: $ 30,000, $ 35,000, $ 40,000
Негизги колдоо аймактары: $ 25,000, $ 20,000, $ 15,000
BTC үчүн кийинки багыт кандай?
Bitcoin is in an uptrend but struggling with resistance at $24,000. Selling pressure has eased as the cryptocurrency moves above the $21,745 price level. On the upside, the BTC price will regain momentum if it breaks above the $23,006 high.
Эскертүү. Бул талдоо жана божомол автордун жеке пикири жана cryptocurrency сатып алуу же сатуу боюнча сунуш эмес, жана CoinIdol тарабынан ырастоо катары каралбашы керек. Каражат салуудан мурун окурмандар өз алдынча изилдөө жүргүзүшү керек.
Булак: https://coinidol.com/bitcoin-24000-high/