{"id":508269,"date":"2022-10-28T04:50:15","date_gmt":"2022-10-28T04:50:15","guid":{"rendered":"https:\/\/ktsl888.com\/?p=508269"},"modified":"2024-06-11T08:06:03","modified_gmt":"2024-06-11T08:06:03","slug":"bitcoin-price-btc-could-rise-again","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-could-rise-again\/","title":{"rendered":"Bitcoin Price Just Saw Technical Correction, Why BTC Could Rise Again"},"content":{"rendered":"
Bitcoin price started a downside correction from $21,000 against the US Dollar. BTC is stable above $20,000 and might start a fresh increase.<\/em><\/p>\n
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Bitcoin is holding gains above the $20,000 and $20,200 levels.<\/li>\n
The price is trading above $20,000 and the 100 hourly simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance near $20,440 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start another upward move if there is a clear move above the $20,500 resistance.<\/li>\n<\/ul>\n