- Bitcoin price started trading in a range above the $34,000 zone against the US Dollar.
- Prețul se tranzacționează acum sub zona de 37,000 USD și media mobilă simplă de 55 (4 ore).
- There is a major contracting triangle forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
- The pair is likely to start a major increase if there is a clear break above $39,000 and $40,000.
Bitcoin price is attempting an upside break above $39,000 against the US Dollar. BTC must surpass $39,000 and $40,000 to start a strong upward move.
Analiza prețurilor Bitcoin
Bitcoin price formed a base above the $32,000 and $33,200 levels. BTC started a mișcare ascendentă and it broke the $35,000 resistance zone. There was also a spike above the $38,000 level and the 55 simple moving average (4-hours).
However, the price failed to gain pace above the $40,000 level. The last swing high was formed near $40,900 and the price corrected lower. It traded as low as $33,182 and it is now consolidating.
There was a break above the $35,000 level. The price is still trading below the $37,000 zone and the 55 medie în mișcare simplă (4 ore). It broke the 23.6% Fib retracement level of the recent decline from the $40,900 swing high to $33,182 low.
It seems like the price is struggling to clear the $37,000 zone. It is near the 50% Fib retracement level of the recent decline from the $40,900 swing high to $33,182 low.
The main resistance is near the $39,000 level. There is also a major contracting triangle forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair. If there is an upside break above the $39,000 resistance and the 55 simple moving average (4-hours), the price could even surpass $40,000. The next key resistance could be $45,000.
On the downside, the $35,000 level is a decent support. The main support is now forming near the $34,500 level and the triangle lower trend line. If there is a downside break below the $34,500 support, the price could resume its decline.
Prețul Bitcoin
Privind la diagramă, bitcoin price is clearly trading near $37,000 and the 55 simple moving average (4-hours). Overall, the price is likely to start a major increase if there is a clear break above $39,000 and $40,000.
tehnice de indicatori
4 ore MACD - MACD câștigă încet avânt în zona bullish.
4 ore RSI (Indice de rezistență relativă) - RSI este acum aproape de nivelul 50.
Niveluri cheie de asistență - 35,000 $ și 34,500 $.
Niveluri cheie de rezistență - 37,000 $, 39,000 $ și 40,000 USD.
Source: https://www.livebitcoinnews.com/bitcoin-price-analysis-btc-could-rally-if-it-breaks-39k/
