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Bitcoin prices are rising more than $ 94,000. BTC has positive signs and aims to go beyond the $ 95,500 resistance area.
- Bitcoin has been supported above $ 92,500.
- The price is more than $ 94,000 and a 100 -hour simple moving average.
- There is a connecting bare lysch trend line with a resistance to $ 95,000 in the hourly chart of the BTC/USD pair.
- The pair can start another increase by arranging the $ 95,500 zone.
Bitcoin prices with fresh eyes
Bitcoin Price has started short -term disadvantages in the $ 95,250 resistance area. The BTC was lower than the support level of $ 95,000 and $ 94,500.
Bears extracted the price below $ 93,500. But the bull worked near $ 93,000. The minimum was formed at $ 92,970 and the price began a new rise. There were more than $ 93,500 and $ 93,800 resistance level.
The price rose to $ 95,195 to $ 92,970, up to 50% FIB from the downward movement to more than the level. Bitcoin PRICE currently trades more than $ 94,000 and simple moving average for 100 hours.
The price is also higher than the 76.4% FIB of the fall of $ 95,195 to $ 92,970 from 76.4% FIB. Conversely, immediate resistance is close to $ 95,000. There is also a BEARISH TREND Line, which is formed by a $ 95,000 resistance in the time chart of the BTC/USD pair.
The first main resistance is close to $ 95,250. The next key resistance can be $ 95,500. The price may be higher than the resistance of $ 95,500. If specified, the price rises and you can test the resistance of $ 96,500. No more profit can spend the price to $ 98,000.
Another reduction in BTC?
If Bitcoin does not rise from a $ 95,500 resistance area, you can start another disadvantage. Immediate support for the shortcomings is close to $ 94,200. The first main support is nearly $ 93,500.
The next support is now near $ 93,000. Loss is no longer a price of $ 92,500 in the short term. The main support is $ 91,200.
Technical indicators:
Time MACD -MACD is now getting pace from the strong zone.
Time RSI (Relative Strength Index) -The RSI of BTC/USD is now exceeding level 50.
Major support levels -$ 94,500, $ 93,500.
Main resistance level -$ 95,250 and $ 95,500.