{"id":518248,"date":"2023-02-01T03:07:50","date_gmt":"2023-02-01T03:07:50","guid":{"rendered":"https:\/\/uniquehot.com\/?p=518248"},"modified":"2024-06-11T14:32:07","modified_gmt":"2024-06-11T14:32:07","slug":"bitcoin-price-downside-thrust-22k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-downside-thrust-22k\/","title":{"rendered":"Bitcoin Price At Risk of Downside Thrust Before Fresh Increase"},"content":{"rendered":"
Bitcoin price is rising and approaching a major hurdle at $23,250. BTC remains at a risk of more downsides before it could start a fresh increase to $25,000.<\/em><\/p>\n
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Bitcoin is attempting a fresh increase above the $23,000 resistance zone.<\/li>\n
The price is trading below $23,200 and the 100 hourly simple moving average.<\/li>\n
There is a key rising channel forming with support near $23,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could decline again if it fails to climb above the $23,250 resistance zone.<\/li>\n<\/ul>\n