{"id":507701,"date":"2022-10-25T02:41:29","date_gmt":"2022-10-25T02:41:29","guid":{"rendered":"https:\/\/wncen.com\/?p=507701"},"modified":"2024-06-11T14:27:56","modified_gmt":"2024-06-11T14:27:56","slug":"bitcoin-price-technical-correction-19-65k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-technical-correction-19-65k\/","title":{"rendered":"Bitcoin Price Just Saw Technical Correction And Fresh Increase Seems Likely"},"content":{"rendered":"
Bitcoin price corrected lower from $19,650 against the US Dollar. BTC is holding the $19,200 support and might soon start a fresh increase.<\/em><\/p>\n
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Bitcoin started a downside correction after it failed to clear the $19,650 zone.<\/li>\n
The price is trading above $19,200 and the 100 hourly simple moving average.<\/li>\n
There is a connecting bearish trend line forming with resistance near $19,320 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh increase if there is a clear move above the $19,350 resistance.<\/li>\n<\/ul>\n