{"id":421219,"date":"2020-04-19T05:18:24","date_gmt":"2020-04-19T05:18:24","guid":{"rendered":"https:\/\/uniquehot.com\/?p=421219"},"modified":"2024-06-11T13:47:40","modified_gmt":"2024-06-11T13:47:40","slug":"bitcoin-btc-bulls-aim-big-8200","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-btc-bulls-aim-big-8200\/","title":{"rendered":"Bitcoin Bulls Aim Big After Recent Breakout: $8,200 Likely Target"},"content":{"rendered":"
Bitcoin is slowly gaining momentum and it broke the $7,000 resistance against the US Dollar. BTC is showing positive signs and it is likely to surge towards $7,500 and $8,200.<\/em><\/p>\n
\n
Bitcoin is up more than 5% from the $6,500 swing low formed this past week.<\/li>\n
The bulls are gaining momentum above $7,500 and the 100 simple moving average (4-hours).<\/li>\n
There was a break above a major declining channel with resistance near $7,040 on the 4-hours chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair is currently trading in a bullish zone and it could rise further towards $7,500 and $8,200.<\/li>\n<\/ul>\n