{"id":375657,"date":"2019-03-22T06:30:55","date_gmt":"2019-03-22T06:30:55","guid":{"rendered":"https:\/\/uniquehot.com\/?p=375657"},"modified":"2024-06-11T13:38:55","modified_gmt":"2024-06-11T13:38:55","slug":"bitcoin-btc-price-looks-to-reclaim-4000-after-sharp-sell-off","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-btc-price-looks-to-reclaim-4000-after-sharp-sell-off\/","title":{"rendered":"Bitcoin (BTC) Price Looks To Reclaim $4,000 After Sharp Sell-off"},"content":{"rendered":"
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Bitcoin price traded to a new weekly high above $4,060 and later declined sharply against the US Dollar.<\/li>\n
The price broke the key $3,960 support level and tested the next main support at $3,875.<\/li>\n
There is a short-term connecting bearish trend line formed with resistance near $4,015 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The recent rebound was positive, but it won\u2019t be easy for buyers to reclaim $4,000 and $4,020.<\/li>\n<\/ul>\n
Bitcoin price rebounded sharply after a massive drop below $3,900 against the US Dollar. BTC must climb above $4,000 to move back in a positive zone and revisit $4,060.<\/em><\/p>\n