{"id":408408,"date":"2019-12-23T06:00:08","date_gmt":"2019-12-23T06:00:08","guid":{"rendered":"https:\/\/uniquehot.com\/?p=408408"},"modified":"2024-06-11T12:58:00","modified_gmt":"2024-06-11T12:58:00","slug":"bitcoin-rallies-5-to-clear-hurdles-bulls-aiming-8k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-rallies-5-to-clear-hurdles-bulls-aiming-8k\/","title":{"rendered":"Bitcoin Rallies 5% To Clear Hurdles, Bulls Aiming $8K"},"content":{"rendered":"
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Bitcoin price rallied more than 5% to clear the $7,500 resistance against the US Dollar.<\/li>\n
The price is now trading in a positive zone and it could rise further above $7,700.<\/li>\n
There is a short term breakout pattern forming with resistance near $7,590 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
There could be a short term correction, but the price remains well bid above $7,500 and $7,460.<\/li>\n<\/ul>\n
Bitcoin price is showing signs of a bullish continuation above $7,500 against the US Dollar. BTC is likely to continue higher and the bulls seem to be aiming $8,000 this week.<\/em><\/p>\n