{"id":453926,"date":"2021-01-07T03:48:50","date_gmt":"2021-01-07T03:48:50","guid":{"rendered":"https:\/\/ktsl888.com\/?p=453926"},"modified":"2024-06-11T14:12:34","modified_gmt":"2024-06-11T14:12:34","slug":"bitcoin-price-btc-bulls-could-aim-40k","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-bulls-could-aim-40k\/","title":{"rendered":"TA: Bitcoin Price Sets New ATH, Why BTC Bulls Could Aim $40K"},"content":{"rendered":"
Bitcoin price started another rally and broke the $35,500 resistance against the US Dollar. BTC traded to a new all-time high near $37,400 before starting a consolidation.<\/em><\/p>\n
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Bitcoin is up over 10% and it broke the $35,500 and $36,500 resistance levels.<\/li>\n
The price traded to a new all-time high close to $37,400 it is still well above the 100 hourly simple moving average.<\/li>\n
There is a major bullish trend line forming with support near $35,880 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair is likely to continue higher towards $38,500 and $39,800 if the current trend remains intact.<\/li>\n<\/ul>\n