{"id":427402,"date":"2020-06-15T03:58:32","date_gmt":"2020-06-15T03:58:32","guid":{"rendered":"https:\/\/wncen.com\/?p=427402"},"modified":"2024-06-11T14:03:57","modified_gmt":"2024-06-11T14:03:57","slug":"bitcoin-btc-could-dive-new-monthly-low-below-9000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-btc-could-dive-new-monthly-low-below-9000\/","title":{"rendered":"Bitcoin Is Plunging And Indicators Point To A New Monthly Low Below $9,000"},"content":{"rendered":"
Bitcoin is currently declining and trading well below $9,500 against the US Dollar. BTC is likely to continue lower and it seems like the bears are aiming a break below $9,100 and $9,000.<\/em><\/p>\n
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Bitcoin is facing an increase in selling pressure below the $9,500 pivot level.<\/li>\n
The price failed to clear the $9,540 resistance zone and it is currently declining.<\/li>\n
There is a key bearish trend line forming with resistance near $9,400 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could continue to move down and it is likely to break the $9,100 support.<\/li>\n<\/ul>\n