{"id":518849,"date":"2023-02-07T03:23:07","date_gmt":"2023-02-07T03:23:07","guid":{"rendered":"https:\/\/wncen.com\/?p=518849"},"modified":"2024-06-11T14:32:15","modified_gmt":"2024-06-11T14:32:15","slug":"bitcoin-price-fresh-increase-23k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-fresh-increase-23k\/","title":{"rendered":"Bitcoin Price Grinds Lower But This Support Can Spark A Fresh Increase"},"content":{"rendered":"
Bitcoin price is correcting gains and tested the $22,600 zone. BTC could start a fresh increase if it manages to stay above the $22,500 support.<\/em><\/p>\n
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Bitcoin is correcting gains below the $23,000 support zone.<\/li>\n
The price is trading below $23,100 and the 100 hourly simple moving average.<\/li>\n
There is a major bearish trend line forming with resistance near $23,050 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh increase if the bulls are able to protect the $22,500 support.<\/li>\n<\/ul>\n