{"id":521097,"date":"2023-02-27T03:40:47","date_gmt":"2023-02-27T03:40:47","guid":{"rendered":"https:\/\/wncen.com\/?p=521097"},"modified":"2024-06-11T08:44:08","modified_gmt":"2024-06-11T08:44:08","slug":"bitcoin-price-aims-upside-break-24k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-aims-upside-break-24k\/","title":{"rendered":"Bitcoin Price Aims Key Upside Break As The Bulls Face Many Challenges"},"content":{"rendered":"
Bitcoin price is attempting an upside break above the $23,650 resistance. BTC must clear the $24,000 resistance to start a steady increase in the near term.<\/em><\/p>\n
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Bitcoin is slowly moving higher above the $23,500 resistance zone.<\/li>\n
The price is trading above $23,500 and the 100 hourly simple moving average.<\/li>\n
There was a break above a key bearish trend line with resistance near $23,300 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could rise steadily if it clears the $23,650 and $24,000 resistance levels.<\/li>\n<\/ul>\n