{"id":542077,"date":"2023-07-11T03:20:28","date_gmt":"2023-07-11T03:20:28","guid":{"rendered":"https:\/\/wncen.com\/?p=542077"},"modified":"2024-06-11T14:38:31","modified_gmt":"2024-06-11T14:38:31","slug":"bitcoin-price-holds-ground-30k-2","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-holds-ground-30k-2\/","title":{"rendered":"Bitcoin Price Holds Ground But Momentum Keeps Fading Below $31K"},"content":{"rendered":"
Bitcoin price is holding the key $30,000 support zone. BTC must settle above $31,000 and $31,400 to start a fresh increase in the near term.<\/em><\/p>\n
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Bitcoin is showing a few positive signs above the $30,000 support zone.<\/li>\n
The price is trading above $30,200 and the 100 hourly Simple moving average.<\/li>\n
There is a short-term bullish trend line forming with support near $30,400 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could gain bullish momentum if there is a close above $31,200.<\/li>\n<\/ul>\n