{"id":607320,"date":"2024-05-10T02:56:13","date_gmt":"2024-05-10T02:56:13","guid":{"rendered":"https:\/\/ktsl888.com\/?p=607320"},"modified":"2024-06-11T14:45:41","modified_gmt":"2024-06-11T14:45:41","slug":"bitcoin-price-recovery-63200","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-recovery-63200\/","title":{"rendered":"Bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key"},"content":{"rendered":"
Bitcoin price found support near the $60,600 zone. BTC is recovering but the bears might remain active near the $63,200 resistance zone.<\/em><\/p>\n
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Bitcoin tested the $60,60 support zone and started a recovery wave.<\/li>\n
The price is trading near $63,000 and the 100 hourly Simple moving average.<\/li>\n
There was a break above a key bearish trend line with resistance at $62,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could gain bullish momentum if there is a close above $63,200 and the 100 hourly Simple moving average.<\/li>\n<\/ul>\n