Reason to trust
Strict editorial policy which focuses on precision, relevance and impartiality
Created by industry experts and meticulously revised
The highest standards in the declaration and publishing
Strict editorial policy which focuses on precision, relevance and impartiality
Leo football price and a little soft players. Each Arcu Lorem, ultimate all children or, Ultlamcorper football hates.
Bitcoin Price started a new increase and tested the $ 105,000 area. BTC now consolidates the gains Ethereum Rallied to the resistance of $ 2,750.
- Bitcoin started a sharp increase and moved over the resistance area of $ 102,500.
- The price is negotiated over $ 103,000 and the single mobile average of 100 hours.
- There is a new line of bullish connection with a support at $ 103,650 on the time table of the BTC / USD pair (Kraken data flow).
- The pair could start another increase if it erases the $ 105,000 area.
Bitcoin Price consolidates gains
Bitcoin Price began a new increase compared to the $ 100,500 support area. BTC formed a base and was able to clean the resistance area of $ 102,000. Bulls even pushed the price above $ 103,200.
The pair enriched towards $ 105,000. A summit was formed at $ 104,980 and the price now corrects gains. There was a movement below the level of FIB trace of 23.6% of the upward movement from the bottom of $ 100,772 at the highest $ 104,980.
Bitcoin is now negotiated above $ 103,500 and the single single-hour mobile average. There is also a new line of bullish connection trend with support at $ 103,650 on the time table of the BTC / USD pair.
Uplining, immediate resistance is close to the level of $ 104,500. The first resistance of the keys is close to the level of $ 105,000. The next keys could be $ 105,500. A higher fence of the resistance of $ 105,500 could send the higher price. In the indicated case, the price could increase and test the resistance level by $ 106,800. Other gains could send the price at $ 108,000.
No more BTC losses?
If Bitcoin does not exceed the resistance zone of $ 105,000, it could start another decline. Immediate downward support is close to the level of $ 103,500. The first major medium is close to the level of $ 102,850 and the FIB trace level at 50% of the switching of the swing of $ 100,772 at the top of $ 104,980.
The next support is now close to the $ 101,750 area. Other losses could send the price to the support of $ 100,200 in the short term. The main support is at $ 98,800.
Technical indicators:
MacD Schedule – The MacD is now losing a rhythm in the Haussier zone.
Schedule RSI (Relative resistance index) – The RSI for BTC / USD is now higher than level 50.
Major support levels – $ 103,500, followed by $ 102,850.
Major resistance levels – $ 105,000 and $ 105,500.
