Bitcoin Eyes Fresh Rally, Why Close above $66k Is Important

NewsBTC द्वारे - 2 वर्षांपूर्वी - वाचन वेळ: 2 मिनिटे

Bitcoin Eyes Fresh Rally, Why Close above $66k Is Important

Bitcoin price recovered losses and climbed above $65,000 against the US Dollar. BTC must climb above the $66,350 zone to start a fresh rally in the near term.

Bitcoin started a fresh increase from the $62,500 support zone. The price is now trading above $65,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $65,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a clear close above $66,000. Bitcoin Price Faces Resistance

Bitcoin price remained well bid near the $62,500 zone. As a result, BTC started a fresh increase above the $64,000 resistance zone. There was a clear break above the $65,000 resistance and the 100 hourly simple moving average.

Besides, there was a break above a key bearish trend line with resistance near $65,000 on the hourly chart of the BTC/USD pair. The pair climbed above the 50% Fib retracement level of the main decline from the $68,762 swing high to $62,300 low.

On the upside, an immediate resistance is near the $66,000 level. The first major resistance is near the $66,400 level. It is close to the 61.8% Fib retracement level of the main decline from the $68,762 swing high to $62,300 low.

स्रोत: ट्रेडिंगव्यू.कॉम वर बीटीसीयूएसडी

A clear break above $66,350 resistance may possibly call open the doors for a fresh increase. The next major resistance sits near the $68,000 level, where the bears might take a stand. An intermediate resistance for the bulls may possibly be near the $67,250 level.

बीटीसीमध्ये नवीन घट?

If bitcoin fails to clear the $66,350 resistance zone, it could start a fresh downside correction. An immediate support on the downside is near the $65,200 level.

The first major support is now forming near the $65,000 level and the broken trend line. Any more losses could lead the price towards the $64,500 level. The next major support is near the $64,000 level, below which the price could even decline below the $63,500 support zone.

तांत्रिक संकेतक:

आवरली एमएसीडी - बुलिश झोनमध्ये आता एमएसीडी वेग गमावत आहे.

प्रति तास RSI (रिलेटिव्ह स्ट्रेंथ इंडेक्स) - BTC/USD साठी RSI आता 50 पातळीच्या वर आहे.

प्रमुख समर्थन स्तर -, 65,200, त्यानंतर $ 65,000.

प्रमुख प्रतिरोध स्तर - $ 66,000, $ 66,350 आणि $ 68,000.

मूळ स्त्रोत: न्यूजबीटीसी