{"id":544194,"date":"2023-07-25T03:39:30","date_gmt":"2023-07-25T03:39:30","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=544194"},"modified":"2024-06-11T13:40:31","modified_gmt":"2024-06-11T13:40:31","slug":"bitcoin-price-hits-bearish-target-28800","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-hits-bearish-target-28800\/","title":{"rendered":"Bitcoin Price Hits Next Bearish Target But Bears Are Not Done Yet"},"content":{"rendered":"
Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term.<\/em><\/p>\n
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Bitcoin is gaining bearish momentum below the $29,200 level.<\/li>\n
The price is trading below $29,500 and the 100 hourly Simple moving average.<\/li>\n
There was a break below a major bullish trend line with support near $29,700 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could extend its decline toward the $28,200 support zone.<\/li>\n<\/ul>\n