
Bitcoin price is correcting gains from $24,000. BTC/USD remains supported for a new increase unless there is a clear move below $21,400.
Bitcoin Price Remains In Uptrend
After forming a base above the $20,000 level, the bitcoin price increased rapidly. The BTC/USD pair gained pace and cleared a few key hurdles near $22,000 and $22,500.
The price surpassed the $23,000 resistance and settled nicely above the 50 simple moving average (4 hours, blue). After that, it traded to a yearly high of $23,962 and struggled to clear the $24,000 hurdle. It is now correcting gains below $23,500, similar to ethereum, bnb, Cardano, and Solana.

The price is now trading near a key bullish trend line at $23,250 on the 4-hours chart. It is also trading close to the 23.6% Fib retracement level of the upward move from the $20,408 swing low to the $23,962 high.
On the downside, the first major support is near the $23,100 level and the 50 simple moving average (4 hours, blue). The next key support sits near the $22,350 level.
The 50% Fib retracement level of the upward move from the $20,408 swing low to the $23,962 high is also near the $22,200 level.
A clear move below the $22,200 support could spark a bearish move. The next major support is near the $21,400 support zone, where the bulls could take a strong stand. Any more losses may perhaps send the bitcoin price towards $20,000.
Fresh Rally in BTC?
On the upside, immediate resistance is near the $23,650 level. The first major resistance is near the $24,000 level. A close above the $24,000 level might start a strong increase toward the $25,000 level. The next major resistance is near the $25,500 zone. Any more gains might send the price toward the $26,800 resistance zone in the coming days.
The bitcoin price is slowly correcting gains from the $24,000 zone. BTC could correct further lower and test the $22,350 support or even $21,400 before a new increase. Conversely, the price might remain stable above the 50 simple moving average (4 hours, blue) and rally toward $25,000.
Thank you so much for sharing this wonderful post with us.
convert vhs tapes
A great post without any doubt.
A great post without any doubt.
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
Thank you so much for sharing this wonderful post with us.
Thank you so much for sharing this wonderful post with us.
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
A great post without any doubt.
The information shared is of top quality which has to get appreciated at all levels. Well done…
Thank you for sharing indeed great looking !
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
Thank you so much for sharing this wonderful post with us.
Thank you for sharing indeed great looking !
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
Thank you so much for sharing this wonderful post with us.
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
Thank you so much for sharing this wonderful post with us.
The information shared is of top quality which has to get appreciated at all levels. Well done…
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
A great post without any doubt.
The information shared is of top quality which has to get appreciated at all levels. Well done…
Thank you so much for sharing this wonderful post with us.
Thank you so much for sharing this wonderful post with us.
A great post without any doubt.
The information shared is of top quality which has to get appreciated at all levels. Well done…
Thank you for sharing indeed great looking !
Awesome blog! Is your theme custom made or did you download it from somewhere? A theme like yours with a few simple adjustements would really make my blog shine. Please let me know where you got your theme. Thanks
Thank you for sharing indeed great looking !
Nice i really enjoyed reading your blogs. Keep on posting. Thanks
A great post without any doubt.
Great insights shared in this post! It’s evident that the author has a deep understanding of the subject matter.
buy generic doxycycline online order augmentin 375mg without prescription buy augmentin for sale
Thankyou for all your efforts that you have put in this. very interesting info .