Friday, February 3, 2023
  • Login
BlaQue Crypto News
CRYPTO MARKETCAP
No Result
View All Result
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
BlaQue Crypto News
No Result
View All Result

Bitcoin Bears Hold Pushing, Why There’s Threat of Extra Losses

by BlaQue Crypto
April 15, 2022
in Crypto Exchanges
Reading Time: 2 mins read
A A
0
Home Crypto Exchanges
Share on FacebookShare on Twitter


Bitcoin failed once more to clear the $41,500 resistance zone towards the US Greenback. BTC may prolong losses if there’s a clear transfer under the $39,200 assist zone.

  • Bitcoin made one other try to realize tempo above the $41,500 stage however failed.
  • The worth is now buying and selling under $41,000 and the 100 hourly easy transferring common.
  • There was a break under a key bullish pattern line with assist close to $40,400 on the hourly chart of the BTC/USD pair (information feed from Kraken).
  • The pair may prolong decline if there’s a each day shut under the $40,000 assist zone.

Bitcoin Value Trims Good points

Bitcoin worth corrected above the $41,000 resistance zone. BTC even cleared the $41,400 stage and tried a transparent transfer above the $41,500 resistance zone.

Nonetheless, the bears have been lively close to the $41,500 stage. A excessive was fashioned close to $41,548 and the worth began a recent decline. There was a transparent transfer under the $41,000 assist zone. The worth declined under the 50% Fib retracement stage of the current improve from the $39,269 swing low to $41,548 excessive.

Apart from, there was a break under a key bullish pattern line with assist close to $40,400 on the hourly chart of the BTC/USD pair. The pair is now buying and selling under $41,000 and the 100 hourly easy transferring common.

It additionally spiked under the 76.4% Fib retracement stage of the current improve from the $39,269 swing low to $41,548 excessive. An instantaneous resistance on the upside is close to the $40,200 stage. The following key resistance might be $40,400 and the 100 hourly SMA.

Bitcoin Price

Supply: BTCUSD on TradingView.com

If the bulls in a position to clear the $40,400 and $40,500 resistance ranges, the worth may begin a good improve. Within the acknowledged case, the worth could maybe rise in the direction of the $41,000 resistance zone. Any extra positive factors may set the tempo for a transfer in the direction of the important thing $41,500 stage within the close to time period.

Extra Losses in BTC?

If bitcoin fails to clear the $40,400 resistance zone, it may begin one other decline. An instantaneous assist on the draw back is close to the $39,650 stage.

The following main assist is seen close to the $39,250 stage. A draw back break under the $39,250 assist zone may speed up losses. Within the acknowledged case, the worth may decline in the direction of the $38,500 stage and even $37,750.

Technical indicators:

Hourly MACD – The MACD is now gaining tempo within the bearish zone.

Hourly RSI (Relative Power Index) – The RSI for BTC/USD is now under the 50 stage.

Main Help Ranges – $39,650, adopted by $39,250.

Main Resistance Ranges – $40,400, $41,000 and $41,500.



Source link

Tags: BearsBitcoinBitcoin NewsBlaQueBlaQue CryptoCrypto NewsLatest Crypto NewsLossesPushingRisk
Previous Post

‘Most high-end artwork NFTs ever’

Next Post

Regulatory Arm of UAE Monetary Centre Releases Defi Dialogue Paper – Regulation Bitcoin Information

Related Posts

Crypto Exchanges

Ethereum continues to underperform whereas majority of L1s outperform BTC

February 2, 2023
Crypto Exchanges

Cathie Wooden’s ARK Make investments expects BTC at $1M by 2030

February 1, 2023
Crypto Exchanges

Rising markets dominate Chainalysis 2022 Geography of Cryptocurrency Report

January 31, 2023
Crypto Exchanges

FTX-funded charity faces UK authorities probe

January 30, 2023
Crypto Exchanges

Justin Solar goals to get TRON adopted as authorized tender in 5 nations by 2023

January 29, 2023
Crypto Exchanges

Meta Masters Guild Raises Over $1.5 Million Throughout Presale with Simply Days Left Earlier than 23% Value Rise

January 28, 2023
Next Post

Regulatory Arm of UAE Monetary Centre Releases Defi Dialogue Paper – Regulation Bitcoin Information

Alt Lending Week Ended fifteenth April 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Hackers steal over $4.7M from Uniswap V3 LPs by way of phishing assault

July 14, 2022

Underrated cryptocurrencies you may get on June 22: TITAN, WAVES and XCN

June 23, 2022

OpenSea Mails Prospects, Warns Of Potential Phishing Emails Due To Knowledge Leak

June 30, 2022

Meta May Launch Quest 3 in 2023, Analyst Says

January 23, 2023

Your January E-newsletter for All Issues BitPay and Crypto

January 27, 2023

Moralis Tasks – Construct an In-Sport Unity NFT Store » Moralis » The Final Web3 Growth Platform

May 14, 2022

OneCoin disaster supervisor Frank Schneider to face trial within the US

December 9, 2022

Good Contract Programming – The Final 2023 Information to Blockchain Programming

January 5, 2023

Ethereum Scaling Altcoin Rips to Recent All-Time Excessive Amid New Protocol Improve Proposal

February 3, 2023

Bangalore’s new Museum of Artwork & Images appears to be like to draw India’s digital era

February 3, 2023

Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

February 3, 2023

Addressable Raises $7.5 Million to Assist Web3 Entrepreneurs Attain Their Audiences – Information Bitcoin Information

February 3, 2023

Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Be a part of BRICS Financial institution – Economics Bitcoin Information

February 3, 2023

Core Scientific offloads 27,000 mining rigs to NYDIG to cowl $38M mortgage

February 3, 2023

Connext Improve Ought to Enhance UX And Assist Builders

February 3, 2023

How you can Get Began with Solana Blockchain App Improvement

February 3, 2023
Facebook Twitter LinkedIn Instagram Pinterest Tumblr TikTok Youtube RSS
BlaQue Crypto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at BlaQue Crypto News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • Decentralized Finance
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 BlaQue Crypto News.
BlaQue Crypto News is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT

Copyright © 2022 BlaQue Crypto News.
BlaQue Crypto News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 23,381.00 1.66%
  • ethereumEthereum (ETH) $ 1,639.67 2.01%
  • tetherTether (USDT) $ 1.00 0.21%
  • bnbBNB (BNB) $ 330.67 0.79%
  • usd-coinUSD Coin (USDC) $ 1.00 0.25%
  • xrpXRP (XRP) $ 0.408332 1.54%
  • binance-usdBinance USD (BUSD) $ 1.00 0.24%
  • cardanoCardano (ADA) $ 0.398720 1.27%
  • dogecoinDogecoin (DOGE) $ 0.091320 1.75%
  • matic-networkPolygon (MATIC) $ 1.18 3.63%