{"id":572225,"date":"2024-01-30T04:10:35","date_gmt":"2024-01-30T04:10:35","guid":{"rendered":"https:\/\/ktsl888.com\/?p=572225"},"modified":"2024-06-11T14:45:08","modified_gmt":"2024-06-11T14:45:08","slug":"bitcoin-price-regains-strength-45k","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-regains-strength-45k\/","title":{"rendered":"Bitcoin Price Regains Strength As The Bulls Aim For Retest of $45K"},"content":{"rendered":"<p><em>Bitcoin price is gaining pace above the $42,500 resistance. BTC is showing positive signs and might extend its increase toward the $45,000 resistance.<\/em><\/p>\n<ul>\n<li>Bitcoin price is moving higher above the $42,500 resistance zone.<\/li>\n<li>The price is trading above $43,000 and the 100 hourly Simple moving average.<\/li>\n<li>There is a major bullish trend line forming with support near $42,150 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could continue to rise if it clears the $43,800 and $44,200 resistance levels.<\/li>\n<\/ul>\n<h2>Bitcoin Price Climbs Higher<\/h2>\n<p>Bitcoin price started a decent increase above the <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-restarts-increase-45k\/\" target=\"_blank\" rel=\"noopener \">$41,200 resistance zone<\/a>. BTC was able to clear the $42,500 and $42,800 resistance levels to move further into a positive zone.<\/p>\n<p>The bulls pushed the price above the $43,000 resistance and the price pumped toward $43,800. A new weekly high is formed near $43,779 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $41,651 swing low to the $43,779 high.<\/p>\n<p>Bitcoin is now trading above $43,000 and the <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-eyes-recovery-40250\/\" target=\"_blank\" rel=\"noopener \">100 hourly Simple moving average<\/a>. There is also a major bullish trend line forming with support near $42,150 on the hourly chart of the BTC\/USD pair. The trend line is near the 76.4% Fib retracement level of the upward move from the $41,651 swing low to the $43,779 high.<\/p>\n<p>Immediate resistance is near the $43,800 level. The next key resistance could be $44,200, above which the price could rise and test $44,500. A clear move above the $44,500 resistance could send the price toward the $45,000 resistance.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-572226\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?resize=1024%2C449\" alt=\"Bitcoin Price\" width=\"1024\" height=\"449\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?w=1950 1950w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Bitcoin_03f586.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSD on TradingView.com<\/a><\/p>\n<p>The next resistance is now forming near the $45,500 level. A close above the $45,500 level could push the price further higher. The next major resistance sits at $46,500.<\/p>\n<h2>Are Dips Limited In BTC?<\/h2>\n<p>If Bitcoin fails to rise above the $43,800 resistance zone, it could start a downside correction. Immediate support on the downside is near the $43,200 level.<\/p>\n<p>The next major support is $42,500. The main support could be $42,200 and the trend line. If there is a close below $42,200, the price could gain bearish momentum. In the stated case, the price could dive toward the $40,650 support.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $43,200, followed by $42,500.<\/p>\n<p>Major Resistance Levels \u2013 $43,800, $44,500, and $45,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is gaining pace above the $42,500 resistance. BTC is showing positive signs and might extend its increase toward the $45,000 resistance. Bitcoin price is moving higher above the $42,500 resistance zone. The price is trading above $43,000 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support near $42,150 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $43,800 and $44,200 resistance levels. Bitcoin Price Climbs Higher Bitcoin price started a decent increase above the $41,200 resistance zone. BTC was able to clear the $42,500 and $42,800 resistance levels to move further into a positive zone. The bulls pushed the price above the $43,000 resistance and the price pumped toward $43,800. A new weekly high is formed near $43,779 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $41,651 swing low to the $43,779 high. Bitcoin is now trading above $43,000 and the 100 hourly Simple moving average. There is also a major bullish trend line forming with support near $42,150 on the hourly chart of the BTC\/USD pair. The trend line is near the 76.4% Fib retracement level of the upward move from the $41,651 swing low to the $43,779 high. Immediate resistance is near the $43,800 level. The next key resistance could be $44,200, above which the price could rise and test $44,500. A clear move above the $44,500 resistance could send the price toward the $45,000 resistance. Source: BTCUSD on TradingView.com The next resistance is now forming near the $45,500 level. A close above the $45,500 level could push the price further higher. The next major resistance sits at $46,500. Are Dips Limited In BTC? If Bitcoin fails to rise above the $43,800 resistance zone, it could start a downside correction. Immediate support on the downside is near the $43,200 level. The next major support is $42,500. The main support could be $42,200 and the trend line. If there is a close below $42,200, the price could gain bearish momentum. In the stated case, the price could dive toward the $40,650 support. 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 now above the 50 level. Major Support Levels \u2013 $43,200, followed by $42,500. Major Resistance Levels \u2013 $43,800, $44,500, and $45,000.<\/p>\n","protected":false},"author":67,"featured_media":464468,"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-572225","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":"\n<title>Bitcoin Price Regains Strength As The Bulls Aim For Retest of $45K<\/title>\n<meta name=\"description\" content=\"Bitcoin price is gaining pace above the $42,500 resistance. 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