Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Btceth01 on September 13, 2022, 07:45:23 AM
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Bitcoin is moving in a positive zone above the $22,000 resistance against the US Dollar. BTC could climb higher if there is a clear move above the $22,500 resistance.
Bitcoin settled above the $21,500 and $22,000 resistance levels.
The price is now trading above $22,000 and the 100 hourly simple moving average.
There is a major bullish trend lien forming with support near $21,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is consolidating gains and might eye a fresh surge above the $22,500 resistance.Bitcoin Price Eyes More Upsides
Bitcoin price gained pace for a clear move above the $21,500 and $22,000 resistance levels. The price even settled above the $22,000 resistance zone and the 100 hourly simple moving average.
Recently, it made an attempt to clear the $22,500 resistance zone. A high was formed near $22,473 before the price started a downside correction. There was a move below the $22,200 level. The price traded below the 23.6% Fib retracement level of the upward move from the $21,180 swing low to $22,473 high. source (https://cryptonews.net/12368083/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)