{"id":504599,"date":"2022-10-03T03:08:54","date_gmt":"2022-10-03T03:08:54","guid":{"rendered":"https:\/\/ktsl888.com\/?p=504599"},"modified":"2024-06-11T14:26:56","modified_gmt":"2024-06-11T14:26:56","slug":"bitcoin-price-keeps-struggling-20k","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-keeps-struggling-20k\/","title":{"rendered":"TA: Bitcoin Price Keeps Struggling, What Could Trigger Another Downtrend"},"content":{"rendered":"
Bitcoin price is struggling to climb above the $20,000 resistance against the US Dollar. BTC could decline heavily if there is a close below the $18,500 support.<\/em><\/p>\n
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Bitcoin remained in a range and stayed above the $19,000 support zone.<\/li>\n
The price is trading below $19,400 and the 100 hourly simple moving average.<\/li>\n
There was a break below a key bullish trend line with support near $19,350 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh decline if there is a clear move below the $18,500 support.<\/li>\n<\/ul>\n
Bitcoin Price Stuck In a Range<\/h2>\n
Bitcoin price attempted a fresh increase above the $19,000 resistance zone. BTC climbed above the $19,250 level and the 100 hourly simple moving average.<\/p>\n