Bitcoin Sees 20% 4-Day Surge, This is The Level to Watch Next (BTC Price Analysis) - BitcoinEthereumNews.com
Bitcoinबिटकॉइन 20% 4-दिवसीय उछाल देखता है, यह अगला देखने का स्तर है (बीटीसी मूल्य विश्लेषण)02 / 07 / 2022बिटकॉइन एथेरियम समाचार The recent spike in bitcoins price left many market participants in a well-known phase called “Disbelief.” Many technical analysts were waiting for the RSI indicator and price trend to break above the long-lasting resistance line that was formed in the daily time frame. Here, this break out is investigated from both technical and onchian perspectives. तकनीकी विश्लेषण द्वारा: शायन दीर्घावधि Bitcoin had been stuck below an important resistance trendline (blue line) for a couple of months. Eventually, it broke above it with a strong green candle and spiked almost 11% in a single day. On the other hand, BTC broke the resistance RSI trendline simultaneously and formed a nice pattern to confirm the breakout. Currently, the price is below the 100D MA, which is critical resistance, and it is possible to reject the price from the $42.5K level. Regardless, Bitcoin needs to form a higher high above $44.4K daily to confirm the trend reversal. The following resistance levels are $44K-$45K and then $50K-$52K ranges. स्रोत: TradingViewलघु अवधि In the lower time frames, we can notice another significant resistance trendline (green line) that has been rejecting the price persistently.