{"id":453736,"date":"2021-01-05T03:48:53","date_gmt":"2021-01-05T03:48:53","guid":{"rendered":"https:\/\/uniquehot.com\/?p=453736"},"modified":"2024-06-11T12:41:15","modified_gmt":"2024-06-11T12:41:15","slug":"bitcoin-price-starts-fresh-increase-33500-key","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-starts-fresh-increase-33500-key\/","title":{"rendered":"TA: Bitcoin Price Starts Fresh Increase, Why $33,500 Is The Key"},"content":{"rendered":"
Bitcoin price declined sharply towards the $28,000 zone against the US Dollar. BTC is currently rising, but it might face a strong resistance near $33,200 and $33,500.<\/em><\/p>\n
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Bitcoin almost 20% towards the $28,000 level before starting a fresh increase.<\/li>\n
The price is now back above $31,000 and trading nicely above the 100 hourly simple moving average.<\/li>\n
There was a break above a major bearish trend line with resistance near $32,350 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could continue higher, but it might face a strong resistance near the $33,500 zone.<\/li>\n<\/ul>\n