{"id":413503,"date":"2020-02-05T06:30:00","date_gmt":"2020-02-05T06:30:00","guid":{"rendered":"https:\/\/ktsl888.com\/?p=413503"},"modified":"2024-06-11T08:42:35","modified_gmt":"2024-06-11T08:42:35","slug":"bitcoin-is-diving-but-the-bulls-wont-give-up-easily","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-is-diving-but-the-bulls-wont-give-up-easily\/","title":{"rendered":"Bitcoin Is Diving But The Bulls Won\u2019t Give Up Easily: Key Levels To Watch"},"content":{"rendered":"
Bitcoin price started a downside correction from well above the $9,550 area against the US Dollar. BTC broke the key $9,220 support and it is now trading in a short term bearish zone.<\/em><\/p>\n
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Bitcoin declined recently below the $9,300 and $9,200 levels against the US Dollar.<\/li>\n
The price traded close to the $9,050 level and it is currently correcting higher.<\/li>\n
There is a major bearish trend line forming with resistance near $9,220 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The bulls need to push the price above $9,220 and $9,320 to lift the price back into a positive zone.<\/li>\n<\/ul>\n