{"id":573529,"date":"2024-02-06T03:13:56","date_gmt":"2024-02-06T03:13:56","guid":{"rendered":"https:\/\/www.wncen.com\/?p=573529"},"modified":"2024-06-11T12:25:55","modified_gmt":"2024-06-11T12:25:55","slug":"bitcoin-price-aims-higher-45000","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/bitcoin-price-aims-higher-45000\/","title":{"rendered":"Bitcoin Price Aims Higher, Decoding Key Hurdles To Fresh Increase"},"content":{"rendered":"
Bitcoin price is consolidating above the $42,250 support zone. BTC could start a decent increase if it clears the $43,000 and $43,400 resistance levels.<\/em><\/p>\n
\n
Bitcoin price failed again to clear the $43,400 resistance zone and corrected lower.<\/li>\n
The price is trading below $43,000 and the 100 hourly Simple moving average.<\/li>\n
There is a major rising channel forming with support at $42,400 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 clear move below the $42,250 support.<\/li>\n<\/ul>\n