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{"id":540764,"date":"2023-07-03T03:19:15","date_gmt":"2023-07-03T03:19:15","guid":{"rendered":"https:\/\/ktsl888.com\/?p=540764"},"modified":"2024-06-11T11:18:58","modified_gmt":"2024-06-11T11:18:58","slug":"bitcoin-price-holds-strong-30k","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-holds-strong-30k\/","title":{"rendered":"Bitcoin Price Holds Strong As The Bulls Aim New High Above $32K"},"content":{"rendered":"

Bitcoin price is moving higher above the $30,500 resistance. BTC is showing positive signs and might aim for a new high above the $31,400 level.<\/em><\/p>\n

\n
Bitcoin is trimming all its losses and trading above the $30,500 resistance zone.<\/li>\n
The price is trading above $30,500 and the 100 hourly Simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $30,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could gain bullish momentum if it clears the $31,000 resistance zone.<\/li>\n<\/ul>\n
Bitcoin Price Regains Strength<\/h2>\n
Bitcoin price declined heavily below the $30,500 support<\/a>. BTC even spiked below $29,500 before the bulls appeared. A low is formed near $29,375 and the price is now rising.<\/p>\n
It is back above the $30,200 resistance level. There was a break above the 50% Fib retracement level of the downward move from the $31,276 swing high to the $29,375 low. There was also a move above the $30,500 resistance zone.<\/p>\n
Bitcoin is trading above $30,500 and the 100 hourly Simple moving average<\/a>. There is also a key bullish trend line forming with support near $30,500 on the hourly chart of the BTC\/USD pair.<\/p>\n
Immediate resistance is near the $30,820 level. It is close to the 76.4% Fib retracement level of the downward move from the $31,276 swing high to the $29,375 low. The first major resistance is near the $31,000 level, above which the price gain bullish momentum.<\/p>\n
$\"Bitcoin$ <\/p>\n
Source: BTCUSD on TradingView.com<\/a><\/p>\n
The next major resistance is near the $31,250 level. An upside break above the $31,250 resistance might send BTC toward $32,000. Any more gains could open the doors for a move toward the $32,500 resistance zone.<\/p>\n
Fresh Decline in BTC?<\/h2>\n
If Bitcoin\u2019s price fails to clear the $30,820 resistance, it could start another decline. Immediate support on the downside is near the $30,550 level and the trend line.<\/p>\n
The next major support is near the $30,200 level, below which there could be a drop toward the $29,950 support. Any more losses might send the price toward the $29,550 zone in the near term.<\/p>\n
Technical indicators:<\/p>\n
Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is above the 50 level.<\/p>\n
Major Support Levels \u2013 $30,500, followed by $30,200.<\/p>\n
Major Resistance Levels \u2013 $30,820, $31,000, and $31,250.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin price is moving higher above the $30,500 resistance. BTC is showing positive signs and might aim for a new high above the $31,400 level. Bitcoin is trimming all its losses and trading above the $30,500 resistance zone. The price is trading above $30,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $30,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $31,000 resistance zone. Bitcoin Price Regains Strength Bitcoin price declined heavily below the $30,500 support. BTC even spiked below $29,500 before the bulls appeared. A low is formed near $29,375 and the price is now rising. It is back above the $30,200 resistance level. There was a break above the 50% Fib retracement level of the downward move from the $31,276 swing high to the $29,375 low. There was also a move above the $30,500 resistance zone. Bitcoin is trading above $30,500 and the 100 hourly Simple moving average. There is also a key bullish trend line forming with support near $30,500 on the hourly chart of the BTC\/USD pair. Immediate resistance is near the $30,820 level. It is close to the 76.4% Fib retracement level of the downward move from the $31,276 swing high to the $29,375 low. The first major resistance is near the $31,000 level, above which the price gain bullish momentum. Source: BTCUSD on TradingView.com The next major resistance is near the $31,250 level. An upside break above the $31,250 resistance might send BTC toward $32,000. Any more gains could open the doors for a move toward the $32,500 resistance zone. Fresh Decline in BTC? If Bitcoin\u2019s price fails to clear the $30,820 resistance, it could start another decline. Immediate support on the downside is near the $30,550 level and the trend line. The next major support is near the $30,200 level, below which there could be a drop toward the $29,950 support. Any more losses might send the price toward the $29,550 zone in the near term. Technical indicators: Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is above the 50 level. Major Support Levels \u2013 $30,500, followed by $30,200. Major Resistance Levels \u2013 $30,820, $31,000, and $31,250.<\/p>\n","protected":false},"author":67,"featured_media":460005,"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-540764","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 Holds Strong As The Bulls Aim New High Above $32K<\/title>\n<meta name=\"description\" content=\"Bitcoin price is moving higher above the $30,500 resistance. 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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 Holds Strong As The Bulls Aim New High Above $32K","url":"http:\/\/ktsl888.com\/news\/bitcoin-price-holds-strong-30k\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-price-holds-strong-30k\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/03\/shutterstock_749757757-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/03\/shutterstock_749757757-scaled.jpg?fit=2560%2C1792"},"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":"2023-07-03T03:19:15Z","datePublished":"2023-07-03T03:19:15Z","dateModified":"2024-06-11T11:18:58Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price Holds Strong As The Bulls Aim New High Above $32K\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-holds-strong-30k\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-holds-strong-30k\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/shutterstock_749757757-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/shutterstock_749757757-scaled.jpg?fit=2560%2C1792\"},\"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\":\"2023-07-03T03:19:15Z\",\"datePublished\":\"2023-07-03T03:19:15Z\",\"dateModified\":\"2024-06-11T11:18:58Z\"}<\/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\/03\/shutterstock_749757757-scaled.jpg?fit=2560%2C1792","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/540764"}],"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=540764"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/540764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/460005"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=540764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=540764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=540764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}