{"id":521929,"date":"2023-03-06T03:13:20","date_gmt":"2023-03-06T03:13:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=521929"},"modified":"2024-06-11T08:40:13","modified_gmt":"2024-06-11T08:40:13","slug":"bitcoin-price-turns-red-23k","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-turns-red-23k\/","title":{"rendered":"Bitcoin Price Turns Red Below $23K, What Could Trigger A Sharp Decline"},"content":{"rendered":"
Bitcoin price found support near $22,000 and started a consolidation phase. BTC is trading in a range and facing many hurdles near $22,600.<\/em><\/p>\n
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Bitcoin is struggling to gain pace for a move above the $22,800 resistance zone.<\/li>\n
The price is trading below $22,650 and the 100 hourly simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance near $22,620 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could correct higher, but upsides might be limited above the $22,800 level.<\/li>\n<\/ul>\n