{"id":525800,"date":"2023-04-06T03:13:50","date_gmt":"2023-04-06T03:13:50","guid":{"rendered":"https:\/\/uniquehot.com\/?p=525800"},"modified":"2024-06-11T14:34:53","modified_gmt":"2024-06-11T14:34:53","slug":"bitcoin-price-drops-27800","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-drops-27800\/","title":{"rendered":"Bitcoin Price Drops After Rejection at $28,800 Highs: Indicators Remain Bullish"},"content":{"rendered":"
Bitcoin price failed to clear the $28,800 resistance. BTC is correcting gains, but downsides might be limited below the $27,550 support zone.<\/em><\/p>\n
\n
Bitcoin started a downside correction after it failed to clear the $28,800 resistance zone.<\/li>\n
The price is trading below $28,400 and the 100 hourly Simple moving average.<\/li>\n
There is a connecting bearish trend line forming with resistance near $28,250 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh increase if it clears the $28,300 resistance level.<\/li>\n<\/ul>\n