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{"id":537424,"date":"2023-06-12T03:03:25","date_gmt":"2023-06-12T03:03:25","guid":{"rendered":"https:\/\/ktsl888.com\/?p=537424"},"modified":"2024-06-11T14:37:31","modified_gmt":"2024-06-11T14:37:31","slug":"bitcoin-price-at-significant-risk-25400","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-at-significant-risk-25400\/","title":{"rendered":"Bitcoin Price At Significant Risk of Crash Below $25,400"},"content":{"rendered":"

Bitcoin price is struggling below the $26,150 support. BTC could start another decline if it breaks the key $25,400 support in the near term.<\/em><\/p>\n

\n
Bitcoin is moving lower below the $26,150 support zone.<\/li>\n
The price is trading below $26,000 and the 100 hourly Simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance near $26,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could decline again if there is a move below the $25,400 support zone.<\/li>\n<\/ul>\n
Bitcoin Price Remains In Downtrend<\/h2>\n
Bitcoin price struggled to settle above the $26,500 resistance zone<\/a>. BTC declined below the $26,150 support to move into a bearish zone.<\/p>\n
The recent high was formed near $26,133 and the price is now moving lower. There was a break below the 50% Fib retracement level of the upward move from the $25,400 swing low to the $26,133 high. The price also traded below the $25,750 support.<\/p>\n
Bitcoin price is now trading below $26,000 and the 100 hourly Simple moving average<\/a>. There is also a key bearish trend line forming with resistance near $26,000 on the hourly chart of the BTC\/USD pair.<\/p>\n
It seems to be holding the $25,570 support level. It is close to the 76.4% Fib retracement level of the upward move from the $25,400 swing low to the $26,133 high. Immediate resistance is near the $26,000 level and the trend line region.<\/p>\n
The first major resistance is near the $26,150 level. A clear move above the $26,150 resistance might start a decent increase. The next major resistance is near the $26,500 level. A close above $26,500 might send the price further higher.<\/p>\n
$\"Bitcoin$ <\/p>\n
Source: BTCUSD on TradingView.com<\/a><\/p>\n
The next key resistance is near the $27,000 level, above which Bitcoin might rise toward the $27,500 resistance. Any more gains above the $27,500 resistance zone might send the price toward the $28,500 resistance zone.<\/p>\n
More Losses in BTC?<\/h2>\n
If Bitcoin\u2019s price fails to clear the $26,000 resistance, it could continue to move down. another decline. Immediate support on the downside is near the $25,570 level.<\/p>\n
The next major support is near the $25,400 level, below which the price might accelerate lower. In the stated case, the price could drop toward the $25,000 support in the near term.<\/p>\n
Technical indicators:<\/p>\n
Hourly MACD \u2013 The MACD is now gaining pace in the bearish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is below the 50 level.<\/p>\n
Major Support Levels \u2013 $25,570, followed by $25,500.<\/p>\n
Major Resistance Levels \u2013 $26,000, $26,150, and $26,500.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin price is struggling below the $26,150 support. BTC could start another decline if it breaks the key $25,400 support in the near term. Bitcoin is moving lower below the $26,150 support zone. The price is trading below $26,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $26,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair could decline again if there is a move below the $25,400 support zone. Bitcoin Price Remains In Downtrend Bitcoin price struggled to settle above the $26,500 resistance zone. BTC declined below the $26,150 support to move into a bearish zone. The recent high was formed near $26,133 and the price is now moving lower. There was a break below the 50% Fib retracement level of the upward move from the $25,400 swing low to the $26,133 high. The price also traded below the $25,750 support. Bitcoin price is now trading below $26,000 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance near $26,000 on the hourly chart of the BTC\/USD pair. It seems to be holding the $25,570 support level. It is close to the 76.4% Fib retracement level of the upward move from the $25,400 swing low to the $26,133 high. Immediate resistance is near the $26,000 level and the trend line region. The first major resistance is near the $26,150 level. A clear move above the $26,150 resistance might start a decent increase. The next major resistance is near the $26,500 level. A close above $26,500 might send the price further higher. Source: BTCUSD on TradingView.com The next key resistance is near the $27,000 level, above which Bitcoin might rise toward the $27,500 resistance. Any more gains above the $27,500 resistance zone might send the price toward the $28,500 resistance zone. More Losses in BTC? If Bitcoin\u2019s price fails to clear the $26,000 resistance, it could continue to move down. another decline. Immediate support on the downside is near the $25,570 level. The next major support is near the $25,400 level, below which the price might accelerate lower. In the stated case, the price could drop toward the $25,000 support in the near term. Technical indicators: Hourly MACD \u2013 The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is below the 50 level. Major Support Levels \u2013 $25,570, followed by $25,500. Major Resistance Levels \u2013 $26,000, $26,150, and $26,500.<\/p>\n","protected":false},"author":67,"featured_media":456456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,679,1144,78790,76835],"class_list":["post-537424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-price","tag-btcusd","tag-btcusdt","tag-xbtusd"],"acf":[],"yoast_head":"\nBitcoin Price At Significant Risk of Crash Below $25,400<\/title>\n<meta name=\"description\" content=\"Bitcoin price is struggling below the $26,150 support. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/ktsl888.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Price At Significant Risk of Crash Below $25,400","url":"http:\/\/ktsl888.com\/news\/bitcoin-price-at-significant-risk-25400\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-price-at-significant-risk-25400\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/02\/shutterstock_215569255.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/02\/shutterstock_215569255.jpg?fit=1000%2C665"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin price","btcusd","btcusdt","xbtusd"],"dateCreated":"2023-06-12T03:03:25Z","datePublished":"2023-06-12T03:03:25Z","dateModified":"2024-06-11T14:37:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price At Significant Risk of Crash Below $25,400\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-at-significant-risk-25400\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-at-significant-risk-25400\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/shutterstock_215569255.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/shutterstock_215569255.jpg?fit=1000%2C665\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin price\",\"btcusd\",\"btcusdt\",\"xbtusd\"],\"dateCreated\":\"2023-06-12T03:03:25Z\",\"datePublished\":\"2023-06-12T03:03:25Z\",\"dateModified\":\"2024-06-11T14:37:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/02\/shutterstock_215569255.jpg?fit=1000%2C665","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/537424"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=537424"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/537424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/456456"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=537424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=537424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=537424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}