{"id":637090,"date":"2024-08-22T06:53:40","date_gmt":"2024-08-22T06:53:40","guid":{"rendered":"https:\/\/wncen.com\/?p=637090"},"modified":"2024-08-22T06:53:40","modified_gmt":"2024-08-22T06:53:40","slug":"bitcoin-price-aims-62k","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/btc\/bitcoin-price-aims-62k\/","title":{"rendered":"Bitcoin Price Aims for Steady Increase: Is a Gradual Rise Ahead?"},"content":{"rendered":"
Bitcoin price remains steady above the $60,000 zone. BTC is now consolidating gains, and the bulls could aim for a move above the $62,000 resistance zone.<\/em><\/p>\n
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Bitcoin started a consolidation phase above the $60,000 zone.<\/li>\n
The price is trading above $59,500 and the 100 hourly Simple moving average.<\/li>\n
There is a key bullish trend line forming with support at $59,800 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair might attempt a fresh increase if it clears the $61,500 resistance zone.<\/li>\n<\/ul>\n