{"id":553842,"date":"2023-10-03T04:15:24","date_gmt":"2023-10-03T04:15:24","guid":{"rendered":"https:\/\/uniquehot.com\/?p=553842"},"modified":"2024-06-11T09:24:07","modified_gmt":"2024-06-11T09:24:07","slug":"bitcoin-price-sees-correction-27250","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-sees-correction-27250\/","title":{"rendered":"Bitcoin Price Sees Technical Correction But The Bulls Are Not Done Yet"},"content":{"rendered":"
Bitcoin price extended its increase toward the $28,500 resistance. BTC corrected gains and is currently holding a key support at $27,350.<\/em><\/p>\n
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Bitcoin climbed further higher above the $28,000 and $28,200 resistance levels.<\/li>\n
The price is trading above $27,400 and the 100 hourly Simple moving average.<\/li>\n
There is a major bullish trend line forming with support near $27,400 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start another increase unless there is a move below the $26,650 support.<\/li>\n<\/ul>\n