{"id":461326,"date":"2021-04-15T03:08:07","date_gmt":"2021-04-15T03:08:07","guid":{"rendered":"https:\/\/wncen.com\/?p=461326"},"modified":"2024-06-11T13:55:00","modified_gmt":"2024-06-11T13:55:00","slug":"bitcoin-trims-gains-52k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-trims-gains-52k\/","title":{"rendered":"TA: Bitcoin Trims Gains, But Here\u2019s How BTC Could Rise Again"},"content":{"rendered":"
Bitcoin price traded to a new all-time high near $64,892 before correcting lower against the US Dollar. BTC tested the $61,500 level and it is now showing a few positive signs.<\/em><\/p>\n
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Bitcoin climbed further above the $63,000 and $64,000 resistance levels.<\/li>\n
The price is now trading well above the $62,000 level and the 100 hourly simple moving average.<\/li>\n
There is a major bullish trend line forming with support near $61,850 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair is likely to start a fresh increase as long as it is above the $61,120 support zone.<\/li>\n<\/ul>\n