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Bitcoin Price at a Crossroads: Will It Smash Resistance and Climb? Newsbtc 4 روز پیش

Bitcoin Price at a Crossroads: Will It Smash Resistance and Climb? 📈

Bitcoin's price is stabilizing above the critical $96,200 support area, showing promising signals for an upward move past $99,000. Recently, Bitcoin recovered above $95,000, trading now above the $96,000 mark and the 100 hourly SMA. A resistance trend line exists at $98,000, making it pivotal for potential gains.

If Bitcoin doesn't cross this resistance, it risks declining. The downside support is around $96,500, with major support at $95,500 and $93,700. A rise above $100,000 could propel it towards the $101,200 level. Technical indicators show positive momentum, indicating a bullish trend in the short term.

منبع: www.newsbtc.com ↗

مقالات مشابه (47)

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Will Bitcoin Price Clear This Crucial Resistance or Is $70,000 Crash Coming? Coingape 2 روز پیش
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Bitcoin Price Analysis: Will BTC Break $97K Resistance or Plunge to $70K? Coinpedia 2 روز پیش
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