{"id":514207,"date":"2022-12-29T22:24:15","date_gmt":"2022-12-30T03:24:15","guid":{"rendered":"https:\/\/uniquehot.com\/?p=514207"},"modified":"2024-06-11T11:13:54","modified_gmt":"2024-06-11T11:13:54","slug":"bitcoin-price-further-lower-16k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-further-lower-16k\/","title":{"rendered":"Bitcoin Price Could End The Year Further Lower, Key Resistance Intact"},"content":{"rendered":"
Bitcoin price is struggling to clear the $17,000 resistance. BTC remains at a risk of more downsides below the $16,000 support zone before the year end.<\/em><\/p>\n
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Bitcoin is showing bearish signs below the $17,000 and $17,200 resistance levels.<\/li>\n
The price is trading below $16,700 and the 100 hourly simple moving average.<\/li>\n
There was a break above a connecting bearish trend line with resistance near $16,610 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could resume its decline if it stays below the $17,000 resistance zone.<\/li>\n<\/ul>\n