{"id":535094,"date":"2023-05-26T02:54:14","date_gmt":"2023-05-26T02:54:14","guid":{"rendered":"https:\/\/wncen.com\/?p=535094"},"modified":"2024-06-11T08:31:18","modified_gmt":"2024-06-11T08:31:18","slug":"bitcoin-price-struggles-26650","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-struggles-26650\/","title":{"rendered":"Bitcoin Price Struggles To Recover and Remains Vulnerable To Fresh Decline"},"content":{"rendered":"
Bitcoin price is struggling to recover above the $26,650 resistance. BTC might start another decline if it stays below the $26,650 resistance zone.<\/em><\/p>\n
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Bitcoin is consolidating below the $26,600 and $26,650 resistance levels.<\/li>\n
The price is trading below $26,650 and the 100 hourly Simple moving average.<\/li>\n
There is a major bearish trend line forming with resistance near $26,640 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could recover if there is a clear move above the $26,650 resistance.<\/li>\n<\/ul>\n