Bitcoin Price Close Above $17.5K Could Spark Larger Degree Recovery
Bitcoin is attempting an upside break above the $17,000 and $17,200 levels. O preço está sendo negociado acima de $ 16,800 e a média móvel simples de 100 horas. Houve uma quebra acima de uma linha de tendência de baixa com resistência perto de $ 16,820 no gráfico horário do par BTC / USD (dados do Kraken). O par pode tentar um novo aumento se houver um movimento claro acima da zona de resistência de US$ 17,200. Quebra de cabeça de olho de preço do Bitcoin Bitcoin price managed to stay above the $16,550 zone. A base was formed and the price started a fresh increase above the $16,700 resistance zone. BTC even climbed above the $16,800 resistance and the 100 média móvel simples por hora. There was a clear move above the 50% Fib retracement level of the downward move from the $17,067 swing high to $16,565 low. Besides, there was a break above a key bearish trend line with resistance near $16,820 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $16,800 and the 100 hourly simple moving average. It is also trading above the 61.8% Fib retracement level of the downward move from the $17,067 swing high to $16,565