{"id":559256,"date":"2023-11-06T03:16:09","date_gmt":"2023-11-06T03:16:09","guid":{"rendered":"https:\/\/uniquehot.com\/?p=559256"},"modified":"2024-06-11T14:30:48","modified_gmt":"2024-06-11T14:30:48","slug":"bitcoin-price-faces-big-challenge-35250","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-faces-big-challenge-35250\/","title":{"rendered":"Bitcoin Price Faces Big Challenge \u2013 Can Bulls Send BTC To $37K?"},"content":{"rendered":"
Bitcoin price is facing a major hurdle near $35,250. BTC could rally toward $37,000 once it clears the $35,250 and $35,500 resistance levels.<\/em><\/p>\n
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Bitcoin is aiming for a fresh move above the $36,000 resistance zone.<\/li>\n
The price is trading near $34,850 and the 100 hourly Simple moving average.<\/li>\n
There is a key contracting triangle forming with support near $34,320 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair must stay above the $34,150 support to start a fresh increase in the near term.<\/li>\n<\/ul>\n