{"id":384004,"date":"2019-05-28T06:00:29","date_gmt":"2019-05-28T06:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=384004"},"modified":"2024-06-11T13:43:30","modified_gmt":"2024-06-11T13:43:30","slug":"bitcoin-btc-price-primed-to-break-9k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-btc-price-primed-to-break-9k\/","title":{"rendered":"Bitcoin (BTC) Price Consolidating Gains: Primed To Break $9K"},"content":{"rendered":"
\n
Bitcoin price rallied recently above the $8,300 and $8,650 resistance levels against the US Dollar.<\/li>\n
The price traded to a new 2019 high at $8,952 and it is currently consolidating gains.<\/li>\n
There is a key bullish flag pattern forming with resistance near $8,860 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh increase once it clears the $8,860 and $8,900 resistance levels.<\/li>\n<\/ul>\n
Bitcoin price started consolidating gains after trading towards $9,000 against the US Dollar. BTC could correct in the short term, but it is likely to climb higher further above $9,000.<\/em><\/p>\n