{"id":428587,"date":"2020-06-26T03:58:02","date_gmt":"2020-06-26T03:58:02","guid":{"rendered":"https:\/\/uniquehot.com\/?p=428587"},"modified":"2024-06-12T09:23:52","modified_gmt":"2024-06-12T09:23:52","slug":"bitcoin-btc-runs-into-resistance","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-btc-runs-into-resistance\/","title":{"rendered":"Bitcoin Recovery Runs Into Resistance: Here Are Key Breakout Levels"},"content":{"rendered":"
Bitcoin started an upside correction after testing the $9,000 support against the US Dollar. BTC is now facing a strong resistance near the $9,300 and $9,400 levels.<\/em><\/p>\n
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Bitcoin is recovering and it is trading above the $9,200 support level.<\/li>\n
The price is facing a few key hurdles near $9,300, $9,400, and the 100 hourly simple moving average.<\/li>\n
There is a major contracting triangle forming with resistance near $9,330 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could either climb further above $9,330 or start a fresh decline towards $9,000.<\/li>\n<\/ul>\n