BTC Could Initiate Next Rally If this Level Gets Broken
Bitcoin यदि यह स्तर टूट जाता है, तो बीटीसी अगली रैली शुरू कर सकता है 12 / 11 / 2022 बिटकॉइन एथेरियम समाचार Bitcoin is fighting to get over two crucial resistance levels. A successful breakout above these vital barriers could potentially result in a bullish surge in the near future. तकनीकी विश्लेषण By शायन दैनिक चार्ट After touching the lower trendline of the descending wedge pattern, the price of bitcoin initiated a mini-rally followed by extremely low momentum and trading volume. The price now faces two substantial resistance levels: the 50-day moving average at $17.9K and the 100-day moving average at $18.7K. A successful breakout above the abovementioned barriers should push the price toward the upper boundary of the wedge, roughly around $20.5K. On the other hand, if the price fails to break above these critical resistance levels, a retest of lower levels toward the $15K region and another attempt at the lower trendline would become much more likely. 4 घंटे का चार्ट The Fibonacci retracement is a valuable indicator for witnessing consolidation phases and price targets. Typically, the 0.5 and 0.618 Fib levels are considered significant resistance levels during bearish expansion moves. The following chart shows that the price forms a low-momentum bullish trend inside an ascending price channel. However, there is