Price Bitcoin stuck in confirmation – Is there great movement coming?

Bitcoin's price reinforces above the $ 95,000 support field. BTC must settle above the $ 100,000 level to start a new increase in a term.

• Bitcoin started a new increase from the $ 9400 range.
• The price commerces above $ 96,500 and the average over 100 hours simple.
• Treck above the moving line of attachment by resulting in tosses $ 96,000 on the hour card of Phc / USD (Data Food (Data Food (Data Food).
• The pair could start another increase if cleaning a $ 98,500 zone.

Bitcoin lifts new increase

The Extended Call under the $ 95,000 support level. BTC test made the $ 9400 field. I was set up at $ 94,111 and the recent price began in a field.

Motion above the $ 95,000 and $ 96,000 level. The price moved the FB retoration rate of 50% of the download from $ 98,440 Swing top to the $ 94,111. Peace above the moving line of Confincer's mobility at $ 96,000 on the 1 hour card of Phice BTC / USD.

Bitcoin's price now trading above $ 96,500 and the 100 hours most simple. It is also above re-enhancement 61.8% of the download from $ 98,440 Ards, to the $ 94,110 swing.

On the above, the face is immediately close to the $ 98,000 level. The first qualities that are close to a $ 98,500 are. The next hundred meant to be $ 99,500 could be $ 99,500. The struggle of the $ 99,500 might exit the price again. In the specified case, the price may increase and test a fear of feast against $ 100,000. More may be able to put the price toward the $ 100,500 or even $ 102,000.

Another decline in BTC?

If Bitcoin fails to rise above the $ 98,500 customer area, it may start a new decline. Immediate support has immediately been lowered near the $ 97,200. The first main support is close to the $ 96,750 level.

The next support is now close to the $ 96,200 field. More missing the price toward the $ 95,000 support immediately. The main support is at $ 94,200.

Technical Signal:

One hour. The son is now losing speed in bullish zone.

An hourly Rsi (comparative strength index – the RSI for BTC / USD is now above the 50 at the 50 at the 50 at a level 50.

Key grade rates – $ 96,200, followed by $ 95,000.

Particanance Majorance Levels – $ 98,000 and $ 98,500.