Bitcoin Price Watch: BTC/USD’s Upsides Capped By $6,580

2018-9-26 12:30

Key Points

Bitcoin price declined further, broke the $6,400 support, and traded as low as $6,318 against the US Dollar. There are two bearish trend lines in place with resistance at $6,520 and $6,580 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to face a strong resistance near the $6,580 level if there is an upside correction.

Bitcoin price extended declines towards the $6,275 level against the US Dollar. BTC/USD may perhaps correct higher, but it won’t be easy for a push above $6,580.

Bitcoin Price Analysis

There was a sharp downside reaction below the $6,600 pivot level in bitcoin price against the US Dollar. The BTC/USD pair declined further below the $6,450 and $6,400 levels to move into a bearish zone. The recent low was formed at $6,318 before the price started consolidating losses. It tested the 23.6% Fib retracement level of the last decline from the $6,660 high to $6,318 low.

However, gains were limited by the $6,450 level. Moreover, the 50% Fib retracement level of the last decline from the $6,660 high to $6,318 low is also near the $6,489 level to act as a resistance. More importantly, there are two bearish trend lines in place with resistance at $6,520 and $6,580 on the hourly chart of the BTC/USD pair. Therefore, if the price continues to move higher, it is likely to face sellers near the $6,450 and $6,480 levels. Above the trend lines and the $6,500 barrier, the price could test the $6,620 pivot level. On the downside, the $6,400 level is an initial support.

Looking at the chart, bitcoin price is slowly recovering from the $6,318 low. However, upsides are likely to face a lot of sellers near the $6,450 and $6,480 levels in the near term.

Looking at the technical indicators:

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

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

Major Support Level – $6,350

Major Resistance Level – $6,480

The post Bitcoin Price Watch: BTC/USD’s Upsides Capped By $6,580 appeared first on NewsBTC.

origin »

Bitcoin (BTC) на Currencies.ru

$ 93991.45 (+0.51%)
Объем 24H $50.968b
Изменеия 24h: -0.41 %, 7d: -4.75 %
Cегодня L: $91951.2 - H: $95752.95
Капитализация $1861.391b Rank 1
Цена в час новости $ 6517.35 (1342.17%)

bitcoin usd 580 btc price watch resistance

Источник: newsbtc.com

bitcoin usd → Результатов: 126


Анализ цен Bitcoin, Ethereum, XRP на 27.10.2021

Сегодня ночью медведи вернули цену Bitcoin к поддержке 60000. 00 USD. BTC/USD Вчера утром откат цены Bitcoin продолжился к четырёхчасовой скользящей средней EMA55. Днём, в области средних цен, проходила позиционная борьба, а к завершению дня, используя численное преимущество, медведи откатили пару к психологическому уровню 60000.

2021-10-28 08:38


Анализ цен Bitcoin, Ethereum, XRP на 26.08.2021

После недельного минимума цена Bitcoin пытается восстановиться, но прессинг со стороны продавцов не прекращается. BTC/USD Вчера в первой половине дня медвежий импульс пробил уровень 61. 8% фибо (47745.

2021-8-26 11:04


Bitcoin Price Analysis BTC / USD: $13,000 Rat Poison

Bitcoin has a bullish short-term bias, with the cryptocurrency trading at its highest level since January 2018 Technical indicators on the four-hour time frame show that the BTC / USD pair is extremely overbought The daily time frame shows that bulls have now triggered a huge inverted head and shoulders pattern Bitcoin / USD Short-term […] The post Bitcoin Price Analysis BTC / USD: $13,000 Rat Poison appeared first on Crypto Briefing.

2019-6-27 17:06


Bitcoin Price Analysis BTC / USD: Battle Of The Traders

Bitcoin has a short-term bullish bias, with the cryptocurrency once again hold price above its 200-period moving average on the four-hour time frame The BTC / USD pair needs to break above neckline resistance at $8,500 The daily time frame continues to show that the $10,000 level remains a valid bullish target Bitcoin / USD […] The post Bitcoin Price Analysis BTC / USD: Battle Of The Traders appeared first on Crypto Briefing.

2019-6-14 16:02


Bitcoin Price Analysis BTC / USD: Correction Doesn’t Invalidate Trend

Bitcoin has started to correct lower in short-term after buying interest above the $8,000 level began to wane The four-hour time frame is currently showing a bearish head and shoulders pattern Both the four-hour and daily time frame still remain technically bullish Bitcoin / USD Short-term price analysis Bitcoin has a bullish short-term trading outlook, […] The post Bitcoin Price Analysis BTC / USD: Correction Doesn’t Invalidate Trend appeared first on Crypto Briefing.

2019-5-17 16:27


Фото:

Bitcoin вернулся к повышению

Автор: Дмитрий Гурковский, ведущий аналитик RoboForex Главная криптовалюта продолжает рост. Днем в четверг, 18 апреля, основные торги вяжутся около 5254,28 USD. Bitcoin временно стал валютой в Швеции BTC может помочь миру бороться с рецессией Bitcoin будет стоить 1 млн USD к 2020 году – Макафи Хакеры взломали официальный Twitter партии власти в Швеции, где написали, […]

2019-4-18 15:50


Bitcoin / USD Technical Analysis: Critical Round

Bitcoin has a bullish short-term outlook, with the BTC / USD pair regaining bullish momentum above the $5,100 level The four-hour time frame shows a bearish head and shoulders pattern The Ichimoku indicator on daily time frame is showing that the $5,200 level is an important pivot Bitcoin / USD Short-term price analysis Bitcoin has […] The post Bitcoin / USD Technical Analysis: Critical Round appeared first on Crypto Briefing.

2019-4-18 17:12


Фото:

Bitcoin все еще ищет минимумы

К четвергу, 13 декабря, Bitcoin вернулся под давление и торгуется по 3463 USD, сообщает Дмитрий Гурковский, ведущий аналитик RoboForex. Чтобы определить среднесрочные настроения участников торгов по Bitcoin (BTC/USD), необходимо проанализировать график динамики на 4-часовом таймфрейме.

2018-12-13 15:16


XRP/USD, BTC/USD Price Analysis: Ripple Bullish as Bitcoin Steady above $6,000

Latest Bitcoin News As the industry grow, regulation is important even if Bitcoin and other blockchain projects agitate for complete decentralization and decoupling from government influence. But when reality sets in and advocates realize that the industry can’t get away with fiat if liquidity and volatility is to reign then the importance of Business Growth.

2018-11-10 05:15


Фото:

Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentiment

Chris Kline, co-founder and COO at Bitcoin IRA, identifies the signs that lead him to predict Bitcoin price will reach USD $40,000 in the next few months. Kline: Bitcoin Price Might Surpass USD $40,000 by the End of 2018 Bitcoin’s (BTC) sustained steady rise towards the USD $7,000 price mark is causing investors to pore over data trying to identify indicators that can confirm whether the bearish trend is now reversing course.

2018-9-25 04:00


Big Think Media Publication Says Bitcoin Mainstream Adoption is Closer Than Ever Before

2017 marked the year for cryptocurrencies, as Bitcoin’s price jumped from USD$970 to over USD$19,000, which is approximately a growth of 1900%. Unfortunately, similar trends were not successfully carried over to 2018, as Bitcoin dropped to a third of its all-time high, with both altcoins and the total market capitalization getting hard hits. A recent […]

2018-8-27 19:45


Bitcoin breaches $8000 USD. Bull run imminent?

Bitcoin, despite sell-offs over the weekend, has regained its value and has soared past the $8,000 USD mark today. Over the weekend, because of massive sell-offs in the market, Bitcoin lost 3% of its value over the course of Sunday, however since the beginning of this week, Bitcoin is back and after having gained almost The post Bitcoin breaches $8000 USD. Bull run imminent? appeared first on ItsBlockchain.

2018-7-24 12:12


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Сегодня ночью BTC обновил рекорд: $106,000 на фоне обещаний Трампа о крипторезерве

Сегодня ночью цена биткоина достигла исторического максимума в $106,352 после заявления Дональда Трампа о возможном создании стратегического Bitcoin-резерва в США. BTC за последние семь дней вырос на 5,57%, а за последние сутки — на 2,97%.

Во Франции криптовалюту обложат налогом — даже если ее не продавать

Во Франции на подходе новый налог для владельцев криптовалют. Сенатор Сильви Вермеийе предложила считать BTC «непродуктивным» активом. Стоит отметить, что налог будет относиться к нереализованной прибыли.

Биткоин пробил $100,000, но Пауэлл всё ещё скептичен

Глава ФРС США Джером Пауэлл на фоне взлета BTC до $100,000 заявил, что Биткоин — не соперник доллара, а «виртуальное золото». По его словам, криптовалюта слишком нестабильна, чтобы стать платежным средством на постоянной основе.

Куда летит Bitcoin? Аналитики ждут параболический рост

По мнению экспертов, Bitcoin вот-вот всех удивит. Так, один из известных аналитиков считает, что мы только что вошли в фазу мощного роста, которая продлится до конца 2025 года. Криптоаналитик под псевдонимом Rekt Capital заявил, что прорыв Биткоина выше $69,000 — это сигнал к началу «параболического роста».