Page 18 - Support Levels News Today

TA: Bitcoin Gains Traction, Why BTC Could Target Fresh High Above $35K Reading Time: 2 mins read Bitcoin price regained strength for a fresh recovery and it broke $33,500 against the US Dollar. BTC is likely to continue higher above $35,000 in the near term. Bitcoin started a fresh increase after the bulls defended the key $30,000 support. The price is now trading nicely above $33,500 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near...

TA: Bitcoin Breaks $35K, Why BTC Bulls Aim A Larger Rally Reading Time: 2 mins read Bitcoin price regained strength for a fresh increase and it broke $35,000 against the US Dollar. BTC is likely to accelerate higher towards $36,500 or even $37,000. Bitcoin started a fresh increase above the $34,000 and $35,000 resistance levels. The price is now trading nicely above $34,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $33,500 ...

Bitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000.

Bitcoin price extended its upward move above the $37,500 resistance against the US Dollar. BTC failed to clear $38,500 and it is now correcting lower.

Bitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000.

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Bitcoin price retested the $35,000 support level against the US Dollar. BTC is now rising, but it must clear $37,000 and the 100 hourly SMA for a steady increase.

On the CBDC (Central Bank Digital Currency) front, Bank of Thailand has started prototyping a digital currency format with a horizon of three years to implement. More such experiments are likely and will boost adoption of the cryptocurrency market in future.

Bitcoin price climbed above the $38,000 resistance against the US Dollar, but it failed near $39,500. BTC is correcting lower and it might dive if it breaks the $37,000 support.

Bitcoin price made another attempt to clear the $38,000 resistance against the US Dollar, but it failed. BTC is correcting lower, but it might find bids near the 100 hourly SMA.