Bitcoin Price Watch: BTC/USD Recovery Facing Crucial Hurdle

2018-11-26 13:00

Key Points

Bitcoin price declined below $4,000 and $3,600 before buyers appeared against the US Dollar. There is a major bearish trend line in place with resistance at $4,080 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price must break the $4,000 and $4,080 resistance to climb higher in the near term.

Bitcoin price nosedived below $4,000 and $3,800 against the US Dollar. BTC/USD is currently recovering, but the $4,000 barrier is now acting as a resistance.

Bitcoin Price Analysis

During the past three days, we saw a nasty decline below $4,000 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $3,800 and $3,600 support levels to post a new multi month low. The price even spiked below the $3,500 level and settled well below the 100 hourly simple moving average. A low was formed at $3,449 and later the price started an upside correction.

It moved above the $3,600 and $3,800 resistance levels. More importantly, there was a break above the 50% Fib retracement level of the recent decline from the $4,340 high to $3,449 low. However, the upside move was capped by the $4,080-4,100 zone, which was a support earlier. Moreover, there is a major bearish trend line in place with resistance at $4,080 on the hourly chart of the BTC/USD pair. The pair was also rejected near the 76.4% Fib retracement level of the recent decline from the $4,340 high to $3,449 low. Clearly, the price is facing a solid resistance near the $4,080 level and the 100 hourly SMA.

Looking at the chart, bitcoin price must break the $4,000 and $4,080 resistance to climb higher towards $4,500. If buyers fail to gain pace above $4,080 and the 100 hourly SMA, there could be a sharp decline.

Looking at the technical indicators:

Hourly MACD – The MACD for BTC/USD is slowly moving in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI is currently well above the 50 level.

Major Support Level – $3,800

Major Resistance Level – $4,080

The post Bitcoin Price Watch: BTC/USD Recovery Facing Crucial Hurdle appeared first on NewsBTC.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 77085.51 (-0.50%)
Объем 24H $35.174b
Изменеия 24h: 1.12 %, 7d: -1.53 %
Cегодня L: $76217.26 - H: $77836.15
Капитализация $1543.429b Rank 1
Цена в час новости $ 3968.03 (1842.66%)

price bitcoin usd btc 080 resistance facing

Источник: newsbtc.com

price bitcoin → Результатов: 126


Фото:

Bonk Price Prediction 2026: Pepeto Presale Fills as Bitcoin ETFs Cross $100 Billion in Assets

Bitcoin spot ETFs just crossed $100 billion in cumulative assets under management, and that milestone proves institutional capital is no longer testing the water but diving in headfirst.  While every bonk price prediction adjusts around this wave of new money, the meme coins sitting 90% below their peaks need months of sustained buying to deliver […] The post Bonk Price Prediction 2026: Pepeto Presale Fills as Bitcoin ETFs Cross $100 Billion in Assets appeared first on CaptainAltcoin.

2026-4-10 09:35


Фото:

Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000

Bitcoin Magazine Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 Bitcoin price fell nearly 4% after President Trump signaled potential escalation against Iran, sparking a broad risk-off move across global markets and dragging the BTC price temporarily below $66,000.

2026-4-3 17:47


Фото:

Elliot Wave Theory Says Bitcoin Price Is Headed To $40,000, But The End Game Will Shock You

A technical analyst known as ‘V’ has shared a striking Elliott Wave Theory-based Bitcoin price outlook on X that he believes most market participants are completely overlooking. The chart, plotted on Bitcoin’s weekly timeframe, outlines a multi-year roadmap that could first subject the cryptocurrency to significant downside pressure, potentially triggering a price crash to $40,000 before setting the stage for an explosive rally that could shock investors and traders.

2026-3-4 18:00


Kaspa (KAS) Price Mirrors Bitcoin’s Early Path As Chart Points To New All Time High

Kaspa price is back in focus after a chart surfaced showing a striking resemblance between KAS price action and Bitcoin price behavior before one of its most powerful historical rallies. The visual comparison is hard to ignore, showing a long consolidation phase, gradual upward pressure, and then a sharp expansion that changed Bitcoin’s trajectory completely.

2026-1-21 17:30


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru