BTC Rebounded At Key Support, Is The Bottom In? - BitcoinEthereumNews.com
Bitcoinबीटीसी प्रमुख समर्थन पर पलट गया, क्या नीचे है?04 / 10 / 2022बिटकॉइन एथेरियम समाचार Bitcoins price rally slowed down after getting rejected at the 200-day moving average line amid the $48K range. The 1-Day Timeframe द्वारा तकनीकी विश्लेषण एड्रिस The price dropped lower since the MA200 rejection and is currently retesting the 50-day and 100-day moving average lines. These MAs have also printed a bullish cross recently, as the 50-day MA has crossed above the 100-day MA. The $42K level is currently holding the price, is also a significant horizontal support level. This level was a resistance turned into support after a bullish breakout a few weeks ago. However, if this area fails to hold the price, a retest of the $36K zone would be a likely scenario. On the other hand, if the price rebounds from this support level, the $48K zone and the 200-day moving average would be likely retested. 4 घंटे की समय सीमा On the 4-hour timeframe, it is evident that after the price has reached the top of the large bearish flag pattern, it has been rejected to the downside and made a lower high and a lower low. This price action indicates that the bears are now controlling the market, and a new