{"id":26103,"date":"2015-11-02T21:19:11","date_gmt":"2015-11-02T21:19:11","guid":{"rendered":"https:\/\/wncen.com\/?p=26103"},"modified":"2024-06-11T07:34:50","modified_gmt":"2024-06-11T07:34:50","slug":"bitcoin-price-breaches-the-353-resistance-level-400-is-inevitable","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-breaches-the-353-resistance-level-400-is-inevitable\/","title":{"rendered":"Bitcoin Price buildup $353 Resistance Level – $400 Is Inevitable"},"content":{"rendered":"

Bitcoin price has just exceeded $360 less than an hour, before writing this article. As last week’s bullish wave continues to build up, the 2 and 4 hourly charts continue to print higher highs. As I looked through the 1 -2 hourly charts and the 1 day charts, I detected a few signs signaling continuation of this new uptrend, especially, that the price will not face any significant resistance all the way up to $416.<\/p>\n

Key Resistance Points:<\/h2>\n

Let’s take a look at the 1 day (BTC\/USD) charts from Bitstamp and plot the 20, 50 and 100 EMAs (look at the below chart) . We can conclude the following:<\/em><\/p>\n