A reason for trust
A strict editorial policy that focuses on accuracy, meaning and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reports and publication
A strict editorial policy that focuses on accuracy, meaning and impartiality
The price of a lion football and players are gentle. Each arcu is to ultra -up all children or hatred for football Ullamcorper.
The price of Bitcoins began a fresh drop and tested the 100,500 USD zone. BTC is now consolidating and can extend the losses below USD 100,000.
- Bitcoin began a fresh drop below the zone of USD 104,000.
- The price is sold below USD 104,000 and a 100 -hour straight movable average.
- There was a break below the key stubborn trend line with a support for USD 104,600 on the BTC/USD hour chart (data channel from Kraken).
- The couple could start a fresh decrease if they break the support zone worth 100,500 USD.
The price of bitcoins will fall on
The price of Bitcoins began again and traded below the support zone of USD 104,500. BTC has even set below USD 104,200 to enter the compact -term bear zone.
In addition, there was a break below the key stubborn trend line with support of USD 104,600 on the chart of the hourly btc/USD pair. Finally, the couple tested the support zone worth 100,500 USD. The low was created at 100,400 USD, and the price consolidates losses.
There was traffic above USD 101,500. BTC tested 23.6% Recovery level of a recent decrease from USD 106 820 to the highest level of USD 100,400.
Bitcoin now trads below USD 103,000 and a 100 -hour straightforward movable average. On the other hand, immediate resistance is close to USD 102,000. The first key resistance is close to USD 103,200. The next key resistance can be USD 103,600. It is similar to 50% of the level of FIB recovery of the last decline from a height of USD 106,820 to the lowest level of 100,400 USD.
Closing above the resistance 103,600 USD may escalate the price. In the given case, the price may escalate and test the resistance level of USD 104,200. Any profits can send a price to USD 105,000.
More losses in BTC?
If Bitcoin does not escalate above the resistance zone 103,200 USD, he may start another decrease. Immediate support is close to USD 101,200 and trends. The first gigantic support is close to USD 100,500.
The next support is now near the $ 100,000 zone. Any losses can send a price in relation to the support of USD 98,500 in the near future. The main support is USD 97,200, below which BTC can gain bears.
Technical indicators:
MacD – MacD hours are now gaining a pace in the bear zone.
RSI hours (relative strength indicator) – RSI for BTC/USD is now below level 50.
Main levels of support – USD 101,200, and then 100,500 USD.
Main resistance levels – USD 102,000 and USD 103,600.
