{"id":456710,"date":"2021-02-15T03:18:37","date_gmt":"2021-02-15T03:18:37","guid":{"rendered":"https:\/\/ktsl888.com\/?p=456710"},"modified":"2024-06-11T14:13:20","modified_gmt":"2024-06-11T14:13:20","slug":"bitcoin-dips-2k-btc-support-45k","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-dips-2k-btc-support-45k\/","title":{"rendered":"TA: Bitcoin Dips $2K, Why BTC Could Bounce Back From $45K"},"content":{"rendered":"
Bitcoin price extended its upward move towards $49,700 before correcting lower against the US Dollar. BTC dipped more than $2,000, but it is likely to remain stable above $45,000.<\/em><\/p>\n
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Bitcoin started a sharp downside correction after setting a new all-time high near $49,700.<\/li>\n
The price is trading above the $46,000 support, but it is below the 100 hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $46,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair is likely to bounce back as long as it is trading above $46,000 and $45,000.<\/li>\n<\/ul>\n