{"id":427735,"date":"2020-06-18T03:58:36","date_gmt":"2020-06-18T03:58:36","guid":{"rendered":"https:\/\/wncen.com\/?p=427735"},"modified":"2024-06-11T12:33:11","modified_gmt":"2024-06-11T12:33:11","slug":"bitcoin-btc-could-lift-off-9500","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-btc-could-lift-off-9500\/","title":{"rendered":"This Bullish Continuation Pattern Suggests Bitcoin Is Gearing For Another Lift-Off"},"content":{"rendered":"
Bitcoin climbed higher above $9,500, but it struggled to clear $9,600 against the US Dollar. BTC is now correcting gains and it seems like there is a bullish flag forming with resistance at $9,450.<\/em><\/p>\n
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Bitcoin is currently correcting lower from the $9,595 swing high.<\/li>\n
The price is trading well below the $9,500 pivot level and testing the 100 hourly simple moving average.<\/li>\n
There is a bullish flag pattern is likely forming with current resistance near $9,450 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could dip a few points, but it is likely to surge above $9,500 as long as the $9,250 support holds.<\/li>\n<\/ul>\n