{"id":631955,"date":"2024-07-29T03:16:21","date_gmt":"2024-07-29T03:16:21","guid":{"rendered":"https:\/\/wncen.com\/?p=631955"},"modified":"2024-07-29T03:16:21","modified_gmt":"2024-07-29T03:16:21","slug":"bitcoin-price-pump-70k","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/btc\/bitcoin-price-pump-70k\/","title":{"rendered":"Bitcoin Price Poised for Fresh Pump: Market Prepares for Upswing"},"content":{"rendered":"
Bitcoin price started a fresh increase above the $68,000 resistance. BTC is now rising and might climb toward the $70,000 resistance zone.<\/em><\/p>\n
\n
Bitcoin formed a base and started a fresh increase above the $68,000 resistance zone.<\/li>\n
The price is trading above $68,500 and the 100 hourly Simple moving average.<\/li>\n
There was a break above a key bearish trend line with resistance at $68,200 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair might accelerate higher toward the $70,000 and $70,800 levels in the short term.<\/li>\n<\/ul>\n