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Bitcoin Price Faces Challenge at $65K: Can It Break Through? Newsbtc 26 сер 2024

Bitcoin Price Faces Challenge at $65K: Can It Break Through? 📈

Bitcoin price gained pace and tested the $65,000 resistance. BTC must clear $65,000 to continue higher in the near term. Bitcoin started a steady increase above the $63,000 zone, trading above $63,500 and the 100 hourly Simple moving average.

There is a key bullish trend line forming with support at $63,450 on the hourly chart of the BTC/USD pair. The pair might attempt a fresh increase if it clears the $65,000 resistance zone. The price climbed above the $63,200 and $63,500 resistance levels, appearing stable above the $60,000 pivot level.

Bitcoin tested the 23.6% Fib retracement level of the upward move from $58,572 to $64,950 and is now consolidating gains. On the upside, resistance is near $64,500 and $65,000, with a clear move above potentially sending the price higher to $65,500 or $67,200.

If Bitcoin fails to rise above $65,000, a downside correction could begin with immediate support near $63,800, followed by $63,500, and ultimately the $62,800 zone or $61,750 support zone. Technical indicators suggest the MACD is losing pace in the bullish zone, while the RSI for BTC/USD is above 50.

Джерело: www.newsbtc.com ↗

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Bitcoin’s Path to Recovery: Will It Sustain Above $57,700 Amid Fluctuations? Coinotag 31 сер 2024
Bitcoin’s Path to Recovery: Will It Sustain Above $57,700 Amid Fluctuations?
Bitcoin Nears August High: Potential Breakout Despite Overbought Conditions Coinotag 24 вер 2024
Bitcoin Nears August High: Potential Breakout Despite Overbought Conditions
Bitcoin Faces New Challenges as It Nears $64,000 Resistance Level Coinotag 20 вер 2024
Bitcoin Faces New Challenges as It Nears $64,000 Resistance Level
Is Bitcoin Poised to Break Through $64,000 Resistance? Exploring Recent Market Movements and Potential Outcomes Coinotag 3 тижні тому
Is Bitcoin Poised to Break Through $64,000 Resistance? Exploring Recent Market Movements and Potential Outcomes
Bitcoin Faces Key Resistance at $63,000 Amid Market Volatility and Mt. Gox Repayment Concerns Coinotag 3 тижні тому
Bitcoin Faces Key Resistance at $63,000 Amid Market Volatility and Mt. Gox Repayment Concerns
Exploring the Potential for Bitcoin (BTC) Price Breakout Amidst Investor Lull and Low Liquidity Coinotag 10 жов 2024
Exploring the Potential for Bitcoin (BTC) Price Breakout Amidst Investor Lull and Low Liquidity
Bitcoin’s Recovery Possibilities: Analyzing Market Stability Amidst Resistance and Institutional Interest Coinotag 3 тижні тому
Bitcoin’s Recovery Possibilities: Analyzing Market Stability Amidst Resistance and Institutional Interest
Could Bitcoin Potentially Navigate Resistance and Shift Market Sentiment Amidst Current Trends? Coinotag 10 жов 2024
Could Bitcoin Potentially Navigate Resistance and Shift Market Sentiment Amidst Current Trends?
Could Bitcoin (BTC) Rebound Towards $71,000 or Face a Drop to $65,000? Analyzing Market Sentiments and Price Predictions Coinotag 2 тижні тому
Could Bitcoin (BTC) Rebound Towards $71,000 or Face a Drop to $65,000? Analyzing Market Sentiments and Price Predictions
Could Bitcoin Break the $67,400 Resistance? Insights and Predictions on Its Path Towards Potential New Heights Coinotag 3 тижні тому
Could Bitcoin Break the $67,400 Resistance? Insights and Predictions on Its Path Towards Potential New Heights
Exploring Bitcoin’s Potential Breakout Above $70,000 Amid Market Uncertainties and Possible Pullbacks Coinotag 3 тижні тому
Exploring Bitcoin’s Potential Breakout Above $70,000 Amid Market Uncertainties and Possible Pullbacks
Could Bitcoin Approach $64,000 Again? Analyzing Recent Movements and Potential Market Trends Coinotag 07 жов 2024
Could Bitcoin Approach $64,000 Again? Analyzing Recent Movements and Potential Market Trends
Could Bitcoin Navigate Volatility and Test the $70,000 Threshold Again? Coinotag 2 тижні тому
Could Bitcoin Navigate Volatility and Test the $70,000 Threshold Again?
Exploring Bitcoin’s Potential Path Above $65,000: What to Watch For in the Cryptocurrency Market Coinotag 07 жов 2024
Exploring Bitcoin’s Potential Path Above $65,000: What to Watch For in the Cryptocurrency Market
Bitcoin Approaches Critical $60,000 Level: Signs of Major Market Movement Ahead Coinotag 03 вер 2024
Bitcoin Approaches Critical $60,000 Level: Signs of Major Market Movement Ahead
Could Bitcoin (BTC) Be Poised for a Price Surge Despite Current Resistance Challenges? Coinotag 3 тижні тому
Could Bitcoin (BTC) Be Poised for a Price Surge Despite Current Resistance Challenges?