Bitcoin’s Price Could Extend Above $24K With Indicators Turning Green PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Prețul Bitcoin s-ar putea extinde peste 24 USD, cu indicatorii care devin verde

Bitcoin’s price could extend above $24K with the indicators all turning green and the coin gained pace above the $23,000 resistance so let’s read more today in our ultimele știri BTC astăzi.

Bitcoin’s price could extend and could rise further if it manages to stay above the $22,750 support. The price is now trading near the $22,750 level and tested the 100 hourly simple moving average but there’s also a major bullish trend line forming near the $22,750 on the hourly chart of the BTC/USD pair which could continue rising if it manages to clear the $23,500 levels.

BTC 7-day Price Chart (Source: Coingecko)

The BTC price started a new icnrease after managing to settle above the $22K resistance and BTC gained some pace for a move near the $23,000 resistance. The price even broke the $23,500 level and settled near the 100 hourly simple moving average with a new high formed at the $23,782 level as the price consolidated gains. There was also a minor downside correction near the $23,500 level while BTC traded below the 23.6% fib retracement level from the move of $21,403 swing low to 423,782 high but the bulls were active near the $23,300 support.

Bitcoin’s price could attend higher with the new bullish trend line forming near the support of $22,750. Closing above the $23,750 level could set the pace for more upsides and in this case, the price could rise to the $24,000 level but the next major resistance sits near the $24,500 level. If BTC fails to clear the $23,500 resistance it can start a new downside correction with immediate support being near $23,000. the next support sits at the $22,750 level and it also nears the 50% fib retracement level of the move to $21,403 swing low to $23,782 high. Moving below the trend line support could send the price to $21,500 with the hourly MACD gaining pace in the bullish zone and the RSI for the pair being set at the 50 levels.

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pret btc
BTC 24-hour Price Source: Coingecko

As recently reported, Bitcoin as the world’s largest crypto by market cap surged by 7% in the past day and it is now priced at $23,369 as per the data from CoinMarketCap. This represents a smaller decrease from the daily high of $23,759 that was recorded during the early hours on Wednesday and BTC is still trading at levels not seen since June. The leading cryptocurrency increased by 17% over the past week and the latest price action came amid the growing trading volumes. About $48.7 billion worth of BTC changed hands on crypto exchanges with the value standing at $47.3 billion in the past day.

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