BTC Sharply Rejected at $24K Again, is a Correction Imminent? (Bitcoin Price Analysis)
Bitcoin BTC fuertemente rechazado a $ 24K Nuevamente, ¿es inminente una corrección? (Análisis de precios de Bitcoin) Hace 5 minutos Noticias de Bitcoin Ethereum Over the last week, Bitcoin has seen many bullish on-chain and technical signals. However, reaching a significant resistance level at $24K, there has been a battle between the bulls and the bears. The main question is whether it is the beginning of a bull market or just a bull trap. Análisis técnico By shayan El gráfico diario Bitcoins impulsive uptrend has been halted by the psychologically significant resistance level of $24K. Meanwhile, the price has entered a consolidation stage, printing multiple big shadows on the candle chart. This structure implies that there has been a battle going on at this crucial level. The winner will determine the mid-term direction. In case of a breakout from the mentioned level, the market may suddenly surge. On the other hand, the 50-day moving average has claimed the 100-day moving average at roughly $18.7K, a definite bullish sign for the price in terms of price action. Furthermore, the price has recently exceeded the long-term descending trendline. Yet, the momentum of the breakout was not strong enough to rule out the fake breakout scenario. Fuente: TradingView Despite the bullish signals on the daily chart,