{"id":537599,"date":"2023-06-13T03:00:42","date_gmt":"2023-06-13T03:00:42","guid":{"rendered":"https:\/\/ktsl888.com\/?p=537599"},"modified":"2024-06-11T07:54:48","modified_gmt":"2024-06-11T07:54:48","slug":"bitcoin-price-consolidates-26000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-consolidates-26000\/","title":{"rendered":"Bitcoin Price Consolidates, Why 100 SMA Is The Key To Fresh Increase"},"content":{"rendered":"
Bitcoin price is consolidating above the $25,500 support. BTC could start a fresh increase if it settles above the 100 hourly SMA and $26,150.<\/em><\/p>\n
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Bitcoin is slowly moving higher from the $25,500 support zone.<\/li>\n
The price is trading below $26,000 and the 100 hourly Simple moving average.<\/li>\n
There was a break above a major bearish trend line with resistance near $25,900 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a recovery wave if there is a move above the $26,150 resistance.<\/li>\n<\/ul>\n