Tuesday, September 8, 2026
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Digital Currency Pulse
  • Home
  • Crypto/Coins
  • NFT
  • AI
  • Blockchain
  • Metaverse
  • Web3
  • Exchanges
  • DeFi
  • Scam Alert
  • Analysis
Crypto Marketcap
Digital Currency Pulse
  • Home
  • Crypto/Coins
  • NFT
  • AI
  • Blockchain
  • Metaverse
  • Web3
  • Exchanges
  • DeFi
  • Scam Alert
  • Analysis
No Result
View All Result
Digital Currency Pulse
No Result
View All Result

Bitcoin Price Pushes Rally Further: Bulls in Full Force

November 10, 2024
in Analysis
Reading Time: 2 mins read
A A
0

[ad_1]

Este artículo también está disponible en español.

Bitcoin worth is gaining tempo above $74,000. BTC is buying and selling in a bullish zone and would possibly rise additional above the $76,500 resistance zone.

Bitcoin began a contemporary surge above the $73,500 zone.
The worth is buying and selling above $73,000 and the 100 hourly Easy transferring common.
There’s a connecting bullish pattern line forming with help at $75,250 on the hourly chart of the BTC/USD pair (knowledge feed from Kraken).
The pair might proceed to rise above the $76,000 resistance zone.

Bitcoin Value Extends Rally

Bitcoin worth began a contemporary surge above the $73,500 stage. BTC even cleared the $75,000 resistance and traded to a brand new all-time excessive. It posted a excessive at $76,457 and is at the moment consolidating features.

There was a minor decline beneath the $76,000 stage. The worth dipped beneath the 23.6% Fib retracement stage of the upward transfer from the $72,747 swing low to the $76,457 excessive. Nonetheless, the worth remains to be in a constructive zone above the $73,500 stage.

Bitcoin worth is now buying and selling above $74,000 and the 100 hourly Easy transferring common. There’s additionally a connecting bullish pattern line forming with help at $75,250 on the hourly chart of the BTC/USD pair.

On the upside, the worth might face resistance close to the $75,800 stage. The primary key resistance is close to the $76,000 stage. A transparent transfer above the $76,000 resistance would possibly ship the worth increased. The following key resistance may very well be $76,500.

Bitcoin Price
Supply: BTCUSD on TradingView.com

A detailed above the $76,500 resistance would possibly provoke extra features. Within the said case, the worth might rise and check the $78,000 resistance stage. Any extra features would possibly ship the worth towards the $78,800 resistance stage.

Are Dips Supported In BTC?

If Bitcoin fails to rise above the $76,000 resistance zone, it might proceed to maneuver down. Speedy help on the draw back is close to the $75,250 stage and the pattern line.

The primary main help is close to the $74,150 stage or the 61.8% Fib retracement stage of the upward transfer from the $72,747 swing low to the $76,457 excessive. The following help is now close to the $73,500 zone. Any extra losses would possibly ship the worth towards the $72,000 help within the close to time period.

Technical indicators:

Hourly MACD – The MACD is now gaining tempo within the bullish zone.

Hourly RSI (Relative Power Index) – The RSI for BTC/USD is now above the 50 stage.

Main Assist Ranges – $75,250, adopted by $74,150.

Main Resistance Ranges – $76,000, and $76,500.

[ad_2]

Source link

Tags: Bitcoinbitcoin pricebtcusdBTCUSDTBullsforceFullPricePushesrallyxbtusd
Previous Post

The Rising Force: Growing BRICS Relations Signal a New Economic Powerhouse

Next Post

Will Bulls Push It Higher?

Next Post
Will Bulls Push It Higher?

Will Bulls Push It Higher?

Polymarket Faces Potential Ban in France After Raking in $3.5B from US Election: Report

Polymarket Faces Potential Ban in France After Raking in $3.5B from US Election: Report

XRP Price Ready to Rally? Signs Point to a Bullish Move

XRP Price Ready to Rally? Signs Point to a Bullish Move

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Analysis
  • Artificial Intelligence
  • Blockchain
  • Crypto/Coins
  • DeFi
  • Exchanges
  • Metaverse
  • NFT
  • Scam Alert
  • Web3
No Result
View All Result

SITEMAP

  • About us
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • Cookie Privacy Policy
  • Contact us

Copyright © 2024 Digital Currency Pulse.
Digital Currency Pulse is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Crypto/Coins
  • NFT
  • AI
  • Blockchain
  • Metaverse
  • Web3
  • Exchanges
  • DeFi
  • Scam Alert
  • Analysis
Crypto Marketcap

Copyright © 2024 Digital Currency Pulse.
Digital Currency Pulse is not responsible for the content of external sites.