{"id":406375,"date":"2019-12-06T06:00:25","date_gmt":"2019-12-06T06:00:25","guid":{"rendered":"https:\/\/uniquehot.com\/?p=406375"},"modified":"2024-06-11T12:52:29","modified_gmt":"2024-06-11T12:52:29","slug":"bitcoin-btc-trading-near-make-or-break-levels","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-btc-trading-near-make-or-break-levels\/","title":{"rendered":"Bitcoin (BTC) Trading Near Make-or-Break Levels"},"content":{"rendered":"
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Bitcoin price is still trading above the $7,200 and $7,240 support levels against the US Dollar.<\/li>\n
The price is struggling to climb above the $7,440 and $7,500 resistance levels.<\/li>\n
There is a major breakout pattern forming with resistance near $7,440 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could either rally above the $7,500 resistance or it might dive back towards $7,000.<\/li>\n<\/ul>\n
Bitcoin price is likely setting up for the next key break against the US Dollar. BTC must stay above $7,240 to start a strong upward move in the near term.<\/em><\/p>\n