{"id":533928,"date":"2023-05-19T02:43:39","date_gmt":"2023-05-19T02:43:39","guid":{"rendered":"https:\/\/wncen.com\/?p=533928"},"modified":"2024-06-11T14:36:45","modified_gmt":"2024-06-11T14:36:45","slug":"bitcoin-price-vulnerable-27500","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-27500\/","title":{"rendered":"Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $27,500"},"content":{"rendered":"
Bitcoin price is struggling below $27,500. BTC is now at risk of a downside break unless there is a close above the $27,500 resistance.<\/em><\/p>\n
\n
Bitcoin started another decline and traded below the $26,800 level.<\/li>\n
The price is trading below $27,200 and the 100 hourly Simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance near $27,320 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh rally if it clears the $27,320 and $27,500 resistance levels.<\/li>\n<\/ul>\n