Bitcoin price slowly moved lower below $19,200 against the US Dollar. BTC is still trading above the main breakdown support near the $18,500 zone.
- Bitcoin is slowly moving lower and there was a spike below the $19,000 level.
- O le tau o loʻo fefaʻatauaʻi i lalo ifo o le $19,200 ma le 100 itula faʻasolosolo faigofie.
- E i ai se ki tulaga faʻataʻamilomilo laina faʻatulagaina ma le teteʻe latalata i le $ 19,180 i le itula itula o le siata o le BTC / USD (faʻamatalaga fafagaina mai Kraken)
- The pair could start a steady increase if there is a clear move above $19,200 and then $19,500.
Bitcoin Tau o loʻo umia le lagolago
Bitcoin tau amata a slow decline from just above the $19,500 resistance zone. BTC declined below the $19,250 and $19,200 support levels to move into a short-term bearish zone.
The bears even pushed the price below the $19,000 level and there was a close below the 100 hourly simple moving average. The price traded as low as $18,900 and is currently correcting higher. There was a move above the $19,000 level.
Bitcoin price is now trading below $19,200 and the 100 hourly simple moving average. There is also a key bearish trend line forming with resistance near $19,180 on the hourly chart of the BTC/USD pair.
On the upside, an immediate resistance is near the $19,090 level. It is close to the 23.6% Fib retracement level of the recent decline from the $19,697 swing high to $18,900 low. The first major resistance sits near the $19,200 level and the trend line.
puna: BTCUSD luga TradingView.com
The next major resistance might be $19,300 or the 50% Fib retracement level of the recent decline from the $19,697 swing high to $18,900 low. A clear move above the $19,300 resistance might start a decent increase. In the stated case, the price may perhaps test the $19,500 resistance. Any more gains might start a steady increase towards the $20,000 resistance zone.
Lafoai le malologa i le BTC?
Afai e le mafai e bitcoin ona tulaʻi i luga aʻe o le $ 19,300 sone tetee, e mafai ona faʻaauau pea ona alu i lalo. Ole lagolago vave ile pito i lalo ole latalata ile $19,000 sone.
The next major support is near the $18,900 zone. A downside break could send the price towards the main breakdown support at $18,500. Any more losses might send the price further lower towards $17,800 and selling pressure could increase.
Faʻamatalaga faʻapitoa:
MACD itula - O le MACD ua leiloa le saoasaoa i le bearish sone.
Hourly RSI (Relative Strength Index) - Ole RSI mo BTC / USD ua i lalo nei ole 50 level.
Tele Lagolago Lagolago - $ 19,000, sosoʻo ma le $ 18,900.
Lelei Tele Tetee - $ 19,200, $ 19,300 ma le $ 19,500.
Punavai: https://www.newsbtc.com/analysis/btc/bitcoin-price-grinds-lower-19k/