{"id":572618,"date":"2024-02-01T07:55:01","date_gmt":"2024-02-01T07:55:01","guid":{"rendered":"https:\/\/wncen.com\/?p=572618"},"modified":"2024-06-11T14:39:49","modified_gmt":"2024-06-11T14:39:49","slug":"bitcoin-price-decline-41800","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-decline-41800\/","title":{"rendered":"Bitcoin Price Decline To Resume? These Could Be The Factors To Watch"},"content":{"rendered":"
Bitcoin price struggled to clear the $43,750 resistance. BTC is now declining and there could be more losses if there is a move below the $41,800 level.<\/em><\/p>\n
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Bitcoin price is slowly moving lower from the $43,750 resistance zone.<\/li>\n
The price is trading below $42,800 and the 100 hourly Simple moving average.<\/li>\n
There was a break below a connecting bullish trend line with support near $42,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could continue to decline if there is a close below the $41,800 level.<\/li>\n<\/ul>\n
Bitcoin Price Starts Another Decline<\/h2>\n
Bitcoin price attempted more gains above the $42,500 resistance zone. BTC cleared the $43,500 resistance zone, but the bears were active near the $43,800 zone<\/a>.<\/p>\n