Top 10 Bitcoin Resistance Levels Answers

Contents

1 BTCUSD – Bitcoin – USD Cryptocurrency Trader’s Cheat Sheet

BTCUSD – Bitcoin – USD Cryptocurrency Trader’s Cheat Sheet

Support/Resistance LevelsPriceKey Turning Points52‑Week High68,906.4849,312.8838.2% Retracement From 52 Week High43,260.4150% Retracement From 52 Week High/LowView 46 more rows⁽¹⁾

Watch live Bitcoin to Dollar chart, follow BTCUSD prices in real-time and … Hello Based on the chart, the price is close to the Resistance levels if …⁽²⁾

Real-time technical chart analysis of Bitcoin price, daily BTC price predictions and expert’s forecasts, Bitcoin’s resistance and support levels.⁽³⁾

Jul 22, 2022 — Crypto trading expert Michaël van de Poppe believes Bitcoin is still facing critical resistance at $23.8k.⁽⁴⁾

Major Resistance Levels – $23,500, $24,200 and $24,500. Tags: bitcoinbtcusdBTCUSDTxbtusd.⁽⁵⁾

Aug 9, 2022 — Significant whale activity between $22,000 and $24,800 adds to the complexity of the current spot market setup. … Bitcoin (BTC) consolidated …⁽⁶⁾

Jul 22, 2022 — Bitcoin faced some resistance at the $24.2k, with further resistance ahead at the $26.7k-$27.1k area. The USDT dominance chart reached an …⁽⁷⁾

Jun 29, 2022 — Although the boost in sentiment allowed Bitcoin to remain above $20,000, the tight range that has been discussed in detail over the past few …⁽⁸⁾

1 hour ago — Bitcoin fell lower on Friday, as the token slipped below a key resistance level during today’s session. Following a mini rally in price this …⁽⁹⁾

Apr 30, 2022 — This weekly chart of the BTCUSD indicates it closed the year at $46,471. The yearly pivot level for 2022 is $48,259, based on the high, low, and …⁽¹⁰⁾

Apr 28, 2022 — Apr 28, 2022 Bitcoin (BTC) remains in a tight trading range with support at $37,500 and initial resistance at $43,000. The cryptocurrency was trading …⁽¹¹⁾

While resistance lines often act as a ceiling, preventing the price from rising further, support levels act as a “floor” that tends to hold the price above it.⁽¹²⁾

Support is a price level, where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of an crypto asset drops, …⁽¹³⁾

Jul 22, 2022 — BTC is facing resistance at $29,400. promo. Top Crypto Exchanges Without KYC Read Now · The Trust Project is an international consortium of news …⁽¹⁴⁾

Understanding Resistance and Support for Effective Crypto …

Apr 23, 2022 — Resistance is a price level where an uptrend or a bullish move is expected to reverse or have a temporary barrier. The resistance level is …⁽¹⁵⁾

Resistance level is the opposite of support. When the price reaches resistance it means that the buyers are less inclined to buy coins at this price level and …⁽¹⁶⁾

A previous support level will sometimes become a resistance level when the price attempts to move back up, and conversely, a resistance level will become a …⁽¹⁷⁾

Jun 20, 2022 — Currently, BTCUSD is trading above the critical 20K level as its RSI normalised. However, the primary trend’s momentum suggests any bounces are …⁽¹⁸⁾

May 19, 2022 — Looking at a price chart, you may notice a point that a token finds hard to surpass. This price point is called the resistance level. You may …⁽¹⁹⁾

Jul 10, 2022 — The only resistance ahead of it is the 50-day moving average, which acts as Bitcoin’s next level to conquer. Usually, when assets enter a range …⁽²⁰⁾

A period of controlled selling has kick-started and is currently approaching short-term support levels. A minor relief rally might occur – before the next …⁽²¹⁾

Feb 19, 2018 — Bitcoin has seen a strong rally since it bottomed out around $6,000. · Currently, it is finding turbulent market activity as it tests well-known …⁽²²⁾

Mar 18, 2022 — Bitcoin (BTC) is strengthening above $40K and could see further upside toward the $43K-$46K resistance zone. The consolidation phase could …⁽²³⁾

Bitcoin could move past the $21k resistance level soon

Jul 5, 2022 — Bitcoin finally crossed the $20k psychological level after adding more than 6% to its value. Ether is closing in on the $1,200 resistance level …⁽²⁴⁾

Jul 12, 2022 — If the coin breaks below this level, $16,000 to $17,000 may act as the next level of support, the range Bitcoin saw as resistance during the …⁽²⁵⁾

Is Bitcoin Headed Lower? Watch These Resistance Levelshttps://www.thestreet.com › VIDEOhttps://www.thestreet.com › VIDEO⁽²⁶⁾

May 18, 2021 — According to Stockton, short-term momentum in bitcoin has weakened, and key resistance for the digital coin is now set at $60,000. Meanwhile, …⁽²⁷⁾

A resistance level is a key tool in technical analysis, indicating when an asset has reached a price level that market participants are unwilling to …⁽²⁸⁾

Jun 23, 2022 — Currently, Bitcoin has hit the 200-week moving average and has been rejected at $21,500 to trade back to the gates of $20,000. As for Ethereum, …⁽²⁹⁾

Sep 14, 2021 — BTC broke the USD 46,000 resistance and moved into a positive zone. It even climbed above the USD 47,000 and USD 47,200 resistance levels. On …⁽³⁰⁾

What Are Support And Resistance In Crypto Trading? — Support and resistance in crypto trading are two elementary concepts concerning technical …⁽³¹⁾

Dec 18, 2018 — The resistance level is the opposite of the support level. Crypto traders are looking for indications that an asset will break resistance and go …⁽³²⁾

What are Support & Resistance (SR) levels in crypto?

SR levels are used by crypto swing & day traders to plan entry/exit points and predict how a crypto asset’s price will move in the near future. These levels …⁽³³⁾

Jul 19, 2022 — Fibonacci retracement patterns, which aim to identify support and resistance levels, suggest bitcoin has found a moderate level of support …⁽³⁴⁾

In contrast the resistance level is the point at which the price stops rising, taking a dip. Demand drops off and buyers are less eager to buy the …⁽³⁵⁾

Support and Resistance Levels for Bitcoin – Based on Price and Trading Volume · Potential support and resistance levels (ordered by distance from the current …⁽³⁶⁾

Jun 15, 2022 — Above the aforementioned level, bulls could make a run for the $22,600 level and then the $23,800 resistance. Note that, buyers must push the …⁽³⁷⁾

Mar 27, 2022 — Bitcoin is currently consolidating between $35K support level (turquoise) and $45-47K resistance level (orange). After bitcoin’s spot price …⁽³⁸⁾

Support and resistance refer to specific price points (areas in graphs) on trading charts that witness massive buying and selling activity. Support is a price …⁽³⁹⁾

7 days ago — Bitcoin (BTC) Price Retracing To $21,000, This Remains Key Resistance Level · Trending Tokens · Telegram · Newsletter.⁽⁴⁰⁾

Apr 18, 2022 — The Bitcoin price prediction slides below the resistance level of 40 605 Further downside momentum appears to be imminent but 40 000 may …⁽⁴¹⁾

BTC/USD Lower After Technical Resistance Around 23522

Aug 2, 2022 — Technical trading activity has been evident during the past several trading sessions when BTC/USD was capped around the 23522 and 23444 levels, …⁽⁴²⁾

Mar 29, 2022 — The VAH is the ‘Value Area High’, which is the highest price in the Value Area, and traders often utilize it as a resistance level. Oftentimes, …⁽⁴³⁾

Jul 18, 2022 — Bitcoin price movement in the last 24 hours: BTC retraces higher lows towards $21,000. Bitcoin price analysis shows that there is demand at …⁽⁴⁴⁾

Feb 7, 2022 — Bitcoin is breaking a key resistance level and looks to be reversing. The bullish trend may be confirmed if the crypto can continue to form …⁽⁴⁵⁾

However, a strong bullish movement above the 9-day and 21-day moving averages may take the price to the resistance levels of $48,000, $50,000, and $52,000.⁽⁴⁶⁾

Bitcoin Real-Time (BRTI) ; Prev. Close: 21,711.90 ; Open: 21,561.15 ; Day’s Range: 21,316.60 – 21,810.53 ; Summary:Sell ; Moving Averages:SellBuy (4)Sell (8).⁽⁴⁷⁾

Excerpt Links

(1)BTCUSD – Bitcoin – USD Cryptocurrency Trader’s Cheat Sheet

(2)BTCUSD — Bitcoin Chart and Price – TradingView

(3)Bitcoin (BTC) Price Analysis – Daily Updates – CryptoPotato

(4)Crypto expert identifies Bitcoin resistance level to break before …

(5)Bitcoin Price Could Rally If There Is A Close Above This Key …

(6)Bitcoin realized price bands form key resistance as bulls lose …

(7)For Bitcoin [BTC] traders, next resistance level could be at…

(8)Bitcoin Technical Levels: BTC/USD Range Holds, Is … – DailyFX

(9)Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop as Key …

(10)Key Bitcoin Levels To Watch – Forbes

(11)Bitcoin Holding Support; Resistance at $43K – CoinDesk