{"id":504747,"date":"2022-10-04T03:38:01","date_gmt":"2022-10-04T03:38:01","guid":{"rendered":"https:\/\/uniquehot.com\/?p=504747"},"modified":"2024-06-11T09:19:43","modified_gmt":"2024-06-11T09:19:43","slug":"ta-bitcoin-price-close-below-20k-could-spark-larger-degree-increase","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ta-bitcoin-price-close-below-20k-could-spark-larger-degree-increase\/","title":{"rendered":"TA: Bitcoin Price Close Below $20K Could Spark Larger Degree Increase"},"content":{"rendered":"
Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could start a steady increase if there is a close above $19,600 and $20,000.<\/em><\/p>\n
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Bitcoin remained well bid above the $19,200 and $19,000 support levels.<\/li>\n
The price is trading above $19,400 and the 100 hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $19,450 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a steady increase if there is a clear move above the $19,700 level.<\/li>\n<\/ul>\n