{"id":601105,"date":"2024-04-03T03:02:20","date_gmt":"2024-04-03T03:02:20","guid":{"rendered":"https:\/\/uniquehot.com\/?p=601105"},"modified":"2024-06-11T14:41:47","modified_gmt":"2024-06-11T14:41:47","slug":"bitcoin-price-consolidates-65k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-consolidates-65k\/","title":{"rendered":"Bitcoin Price Consolidates Losses But Recovery Could Face Hurdles"},"content":{"rendered":"
Bitcoin price extended its decline below the $65,000 support zone. BTC is now consolidating losses and might attempt a recovery wave toward $67,000.<\/em><\/p>\n
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Bitcoin price declined further below the $65,500 and $65,000 levels.<\/li>\n
The price is trading below $67,500 and the 100 hourly Simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance near $67,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could recover but the bears might remain active near $67,000.<\/li>\n<\/ul>\n