Bitcoin News Today – Headlines for April 2
发布时间：2020-04-03 09:31:10 发布人：TokenString
Bitcoin News Today – Bitcoin (BTC) surged by more than 4 percent and broke over the major $6,500 hurdle point against the US dollar. The price of the digital currency is forming a solid bullish trendline and it could soon surge over the $7k and $7,200 mark.
Bitcoin Needs a Little More Push to Break $7k
Yesterday, Bitcoin (BTC) showed a couple of bullish signs over the $6,200 mark against the US dollar. The price of the digital currency corrected a couple of points from the $6,600 hurdle point, but it remained well bid close to the $6,200 support mark. The digital currency plunged to as low as $6,159 before it started a fresh upside rally.
Bitcoin bulls amassed traction and pushed the price of Bitcoin (BTC) over the major $6,400 pivot area. There was also a break over the recently highlighted bullish flag pattern with hurdle close to the $6,370 mark on the one-chart of the BTC/USD trading pair. That move paved the way for more gains and the price of the digital currency surged over the $6,500 and $6,600 hurdle points.
Bitcoin (BTC) Price Today – BTC / USD
#
Name
Price
24H %
1
Bitcoin(BTC)
$6,769.06
1.99%
The price of the digital currency is up by more than 4 percent and it surged to a new weekly high of $6,714. It is currently consolidating gains over the $6,600 mark and it is trading well over the 100 hourly simple moving average. The initial support of the digital currency is close to the $6,580 mark or the 23.6 percent Fibonacci retracement level of the previous swing from the low of $6,159 to the high of $6714.
There is also a formation of a near term contracting triangle with a hurdle close to the $6,650 on the same chart. If the digital currency breaks over the triangle resistance and the $6,700 mark, the price is likely to surge higher again. Meanwhile, the next major hurdle is close to the $6,800 mark, over which the bulls are likely to aim $7k or $7,200 in the near term.
Bitcoin Finds Strong Support
If BTC fails to break over the triangle resistance and the $6,700 mark, it could extend its downtrend. If that happens, the first major support is close to the $6,435 mark since it is close to the 50 percent Fibonacci retracement level of the previous swing from the low of $6,159 to the high of $6,714. Below that level, the next major support is close to the $6,290 mark and the 100 hourly simple moving average, where the bulls are likely to show up.
Bitcoin News Today – Bitcoin (BTC) surged by more than 4 percent and broke over the major $6,500 hurdle point against the US dollar. The price of the digital currency is forming a solid bullish trendline and it could soon surge over the $7k and $7,200 mark.
Bitcoin Needs a Little More Push to Break $7k
Yesterday, Bitcoin (BTC) showed a couple of bullish signs over the $6,200 mark against the US dollar. The price of the digital currency corrected a couple of points from the $6,600 hurdle point, but it remained well bid close to the $6,200 support mark. The digital currency plunged to as low as $6,159 before it started a fresh upside rally.
Bitcoin bulls amassed traction and pushed the price of Bitcoin (BTC) over the major $6,400 pivot area. There was also a break over the recently highlighted bullish flag pattern with hurdle close to the $6,370 mark on the one-chart of the BTC/USD trading pair. That move paved the way for more gains and the price of the digital currency surged over the $6,500 and $6,600 hurdle points.
Bitcoin (BTC) Price Today – BTC / USD
| # | Name | Price | 24H % |
|---|---|---|---|
| 1 |
|
$6,769.06 |
1.99%
|
The price of the digital currency is up by more than 4 percent and it surged to a new weekly high of $6,714. It is currently consolidating gains over the $6,600 mark and it is trading well over the 100 hourly simple moving average. The initial support of the digital currency is close to the $6,580 mark or the 23.6 percent Fibonacci retracement level of the previous swing from the low of $6,159 to the high of $6714.
There is also a formation of a near term contracting triangle with a hurdle close to the $6,650 on the same chart. If the digital currency breaks over the triangle resistance and the $6,700 mark, the price is likely to surge higher again. Meanwhile, the next major hurdle is close to the $6,800 mark, over which the bulls are likely to aim $7k or $7,200 in the near term.
Bitcoin Finds Strong Support
If BTC fails to break over the triangle resistance and the $6,700 mark, it could extend its downtrend. If that happens, the first major support is close to the $6,435 mark since it is close to the 50 percent Fibonacci retracement level of the previous swing from the low of $6,159 to the high of $6,714. Below that level, the next major support is close to the $6,290 mark and the 100 hourly simple moving average, where the bulls are likely to show up.
