Bitcoin Price Holds Ground But Momentum Keeps Fading Below $31K
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Bitcoin price is holding the key $30,000 support zone. BTC must settle above $31,000 and $31,400 to start a fresh increase in the near term. Bitcoin is showing a few positive signs above the $30,000 support zone. The price is trading above $30,200 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support near $30,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a close above $31,200. Bitcoin Price Is Stable Above $30K Bitcoin price started a fresh decline below
Bitcoin price is holding the key $30,000 support zone. BTC must settle above $31,000 and $31,400 to start a fresh increase in the near term. Bitcoin is showing a few positive signs above the $30,000 support zone. The price is trading above $30,200 and the 100 hourly Simple moving average.…
Bitcoin price is attempting a fresh increase from the $30,000 zone. BTC could gain bullish momentum if it clears $30,500 and the 100 hourly SMA. Bitcoin is holding gains above the $30,000 support zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There is a…
Bitcoin price is moving lower below $29,500. BTC could start a fresh increase if there is a close above the $30,000 resistance zone. Bitcoin is slowly moving lower below the $29,500 pivot level. The price is trading below $29,300 and the 100 hourly Simple moving average. There is a key…