{"id":424234,"date":"2020-05-18T03:48:18","date_gmt":"2020-05-18T03:48:18","guid":{"rendered":"https:\/\/wncen.com\/?p=424234"},"modified":"2024-06-11T10:41:28","modified_gmt":"2024-06-11T10:41:28","slug":"bitcoin-btc-poised-to-surge-above-10k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-btc-poised-to-surge-above-10k\/","title":{"rendered":"Bitcoin Poised To Surge Above $10K If It Holds This Crucial Support"},"content":{"rendered":"
Bitcoin is up around 4% and it is approaching the $10,000 resistance against the US Dollar. BTC price is likely to extend its rally above $10,000 unless it dives below the $9,500 support.<\/em><\/p>\n
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Bitcoin is currently gaining bullish momentum and trading near the last swing high at $9,950.<\/li>\n
The price is trading well above the $9,600 support and the 100 hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $9,720 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could correct a few points, but there are high chances of an upside break above $9,950 and $10K.<\/li>\n<\/ul>\n