{"id":16092,"date":"2023-01-12T03:21:27","date_gmt":"2023-01-12T03:21:27","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/01\/12\/bitcoin-price-surges-past-18k-and-now-the-bulls-could-aim-19k\/"},"modified":"2023-01-12T03:21:27","modified_gmt":"2023-01-12T03:21:27","slug":"bitcoin-price-surges-past-18k-and-now-the-bulls-could-aim-19k","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/01\/12\/bitcoin-price-surges-past-18k-and-now-the-bulls-could-aim-19k\/","title":{"rendered":"Bitcoin Price Surges Past $18K and Now The Bulls Could Aim $19K"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>Bitcoin worth prolonged its improve and surged above $18,000. BTC is gaining tempo and would possibly rise in direction of the $19,000 resistance zone.<\/em><\/p>\n<ul>\n<li>Bitcoin prolonged its rise above the $17,500 and $18,000 resistance ranges.<\/li>\n<li>The worth is buying and selling above $18,000 and the 100 hourly easy shifting common.<\/li>\n<li>There is a key bullish development line forming with assist close to $17,400 on the hourly chart of the BTC\/USD pair (information feed from Kraken).<\/li>\n<li>The pair may proceed to maneuver up in direction of the $19,000 resistance zone.<\/li>\n<\/ul>\n<h2>Bitcoin Price Rallies 5%<\/h2>\n<p>Bitcoin worth gained tempo after there was an in depth above the $17,000 pivot zone. BTC accelerated increased above the $17,250 resistance zone to maneuver right into a constructive zone, just like <a href=\"https:\/\/newsbtc.com\/analysis\/eth\/ethereum-price-consolidate-gains-1350\/\" target=\"_blank\" rel=\"noopener\">ethereum<\/a>.<\/p>\n<p>The worth climbed above the $17,500 resistance zone to start out a powerful improve. The bulls even pumped the value above the $18,000 resistance zone. A excessive was shaped close to $18,367 and the value is now consolidating beneficial properties.<\/p>\n<p>Bitcoin worth is buying and selling above $18,000 and the <a href=\"https:\/\/newsbtc.com\/analysis\/btc\/bitcoin-price-resumes-increase-17k\/\" target=\"_blank\" rel=\"noopener\">100 hourly simple moving average<\/a>. There can also be a key bullish development line forming with assist close to $17,400 on the hourly chart of the BTC\/USD pair. It can also be effectively above the 23.6% Fib retracement degree of the current surge from the $17,308 swing low to $18,367 excessive.<\/p>\n<p><a href=\"https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-515831\" src=\"https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9.png\" alt=\"Bitcoin Price Rallies 5%\" width=\"1834\" height=\"845\" srcset=\"https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9.png 1834w, https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9-460x212.png 460w, https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9-860x396.png 860w, https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9-768x354.png 768w, https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9-1536x708.png 1536w, https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9-750x346.png 750w, https:\/\/newsbtc.com\/wp-content\/uploads\/2023\/01\/Bitcoin-9-1140x525.png 1140w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\"\/><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"nofollow noopener\">BTCUSD on TradingView.com<\/a><\/p>\n<p>On the upside, a right away resistance is close to the $18,350 degree. The subsequent main resistance is close to the $18,500 zone, above which the value would possibly proceed to maneuver up. In the said case, the value could maybe rise in direction of the $19,200 degree. Any extra beneficial properties would possibly ship btc worth in direction of the $20,000 degree.<\/p>\n<h2>Dips Attractive in BTC?<\/h2>\n<p>If bitcoin worth fails to clear the $18,350 resistance, it may begin a draw back correction. An quick assist on the draw back is close to the $18,120 degree.<\/p>\n<p>The subsequent main assist is close to the $17,800 degree. It is close to the 50% Fib retracement degree of the current surge from the $17,308 swing low to $18,367 excessive. The foremost assist is now forming close to the $17,400 degree and the development line, beneath which the value would possibly retest $17,000.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining tempo within the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 degree.<\/p>\n<p>Major Support Levels \u2013 $18,120, adopted by $17,800.<\/p>\n<p>Major Resistance Levels \u2013 $18,350, $18,500 and $19,200.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/newsbtc.com\/analysis\/btc\/bitcoin-price-surges-past-18k\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin worth prolonged its improve and surged above $18,000. BTC is gaining tempo and would possibly rise in direction of the $19,000 resistance zone. Bitcoin prolonged its rise above the $17,500 and $18,000 resistance ranges. The worth is buying and selling above $18,000 and the 100 hourly easy shifting common. There is a key [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[4075,2383,1240,20,640,110,1040],"class_list":["post-16092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-18k","tag-19k","tag-aim","tag-bitcoin","tag-bulls","tag-price","tag-surges","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=16092"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16092\/revisions"}],"predecessor-version":[{"id":16093,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16092\/revisions\/16093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/15878"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=16092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=16092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=16092"}],"cu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