Bitcoin Price Crashes 8% and Wipes Weekly Gains, Dips Supported?
2023年12月11日 - 12:30PM
NEWSBTC
Bitcoin price started a sharp decline after trading close to
$45,000. BTC is down over 8% but the bulls seem to be active above
$40,000. Bitcoin is showing a few bearish signs from the $44,699
high. The price is trading below $43,500 and the 100 hourly Simple
moving average. There was a break below a key bullish trend line
with support near $43,500 on the hourly chart of the BTC/USD pair
(data feed from Kraken). The pair could find strong buying interest
near the $40,000 zone. Bitcoin Price Drops Heavily Bitcoin price
remained in a bullish zone after it broke the $40,000 resistance.
BTC climbed higher steadily above the $42,000 and $43,000 levels.
The price even rallied above $44,000. However, it failed to test
the $45,000 resistance. A high was formed near $44,699 and the
price started a sharp downside correction. There was a move below
the $44,000 level. Besides, there was a break below a key bullish
trend line with support near $43,500 on the hourly chart of the
BTC/USD pair. The pair declined below the 50% Fib retracement level
of the upward move from the $39,398 swing low to the $44,699 high.
Bitcoin is now trading below $43,500 and the 100 hourly Simple
moving average. However, the bulls are protecting the $40,000
support and the 76.4% Fib retracement level of the upward move from
the $39,398 swing low to the $44,699 high. The price is attempting
a recovery wave and facing resistance near the $42,400 level.
Source: BTCUSD on TradingView.com The first major resistance is
forming near $43,2000, above which the price might gain bullish
momentum and rise toward $44,000. A close above the $44,000
resistance might start a strong upward move. The next key
resistance could be near $44,200, above which BTC could rise toward
the $45,000 level. $40K Is The Key For BTC If Bitcoin fails to rise
above the $43,200 resistance zone, it could start another decline.
Immediate support on the downside is near the $41,200 level. The
next major support is near $40,500, below which the price might
test the $40,000 zone. If there is a move below $40,000, there is a
risk of more downsides. In the stated case, the price could drop
toward the $38,500 support in the near term. Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now
below the 30 level. Major Support Levels – $41,200, followed by
$40,000. Major Resistance Levels – $42,400, $43,200, and $44,200.
Bitcoin (COIN:BTCUSD)
過去 株価チャート
から 6 2024 まで 7 2024
Bitcoin (COIN:BTCUSD)
過去 株価チャート
から 7 2023 まで 7 2024