{"id":571726,"date":"2024-01-26T03:01:20","date_gmt":"2024-01-26T03:01:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=571726"},"modified":"2024-06-11T10:28:11","modified_gmt":"2024-06-11T10:28:11","slug":"bitcoin-price-eyes-recovery-40250","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-eyes-recovery-40250\/","title":{"rendered":"Bitcoin Price Eyes Recovery But Can BTC Bulls Regain Strength?"},"content":{"rendered":"
Bitcoin price is aiming for an upside break above the $40,500 resistance. BTC bulls could face heavy resistance near $40,850 and $41,350.<\/em><\/p>\n
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Bitcoin price is attempting a recovery wave from the $38,500 support zone.<\/li>\n
The price is trading just above $40,000 and the 100 hourly Simple moving average.<\/li>\n
There is a crucial bearish trend line forming with resistance near $40,250 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could struggle to settle above the $40,400 and $40,500 resistance levels.<\/li>\n<\/ul>\n