Ang Bitcoin Price Topside Bias Vulnerable Maliban na Lang Kung Ito ay Lumampas sa $28K
Bitcoin struggled to gain pace above the $28,000 resistance zone. Ang presyo ay kinakalakal sa ibaba $27,800 at ang 100 oras-oras na Simple moving average. Mayroong isang pagkonekta bearish trend line na bumubuo sa paglaban malapit sa $ 27,650 sa oras-oras na tsart ng pares ng BTC / USD (feed ng data mula sa Kraken). The pair could start a decent recovery wave if there is a close above $28,000. Bitcoin Price Remains At a Risk Bitcoin price found support near the $27,200 zone and started an upside correction. BTC climbed above the $27,800 level but upsides were limited. It tested the $28,000 resistance zone. A high was formed near $28,000 and the price reacted to the downside. It broke the $27,200 support zone and tested $27,000. A low is formed near $26,969 and the price is again attempting an upside correction. Bitcoin climbed above the 50% Fib retracement level of the recent decline from the $28,000 high to the $26,969 low. However, it is still trading below $27,800 and the 100 hourly Simple moving average. Besides, there is a connecting bearish trend line forming with resistance near $27,650 on the hourly chart of the BTC/USD pair. Immediate resistance is near the $27,650 level and the trend line.