{"id":27277,"date":"2023-08-22T03:54:18","date_gmt":"2023-08-22T03:54:18","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/08\/22\/bitcoin-price-signals-bearish-continuation-but-bears-losing-strength\/"},"modified":"2023-08-22T03:54:18","modified_gmt":"2023-08-22T03:54:18","slug":"bitcoin-price-signals-bearish-continuation-but-bears-losing-strength","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/08\/22\/bitcoin-price-signals-bearish-continuation-but-bears-losing-strength\/","title":{"rendered":"Bitcoin Price Signals Bearish Continuation But Bears Losing Strength"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>Bitcoin worth is struggling to get well above the $26,500 stage. BTC may achieve bearish momentum if there&#8217;s a transfer under the $25,600 assist.<\/em><\/p>\n<ul>\n<li>Bitcoin is struggling to get well above the $26,500 resistance zone.<\/li>\n<li>The worth is buying and selling under $26,400 and the 100 hourly Simple transferring common.<\/li>\n<li>There was a break under a connecting bullish pattern line with assist close to $26,000 on the hourly chart of the BTC\/USD pair (knowledge feed from Kraken).<\/li>\n<li>The pair may proceed to maneuver down if there&#8217;s a break under the $25,600 assist.<\/li>\n<\/ul>\n<h2>Bitcoin Price Aims Lower<\/h2>\n<p>Bitcoin worth tried a restoration wave above the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-consolidates-losses-25k\/\" target=\"_blank\" rel=\"noopener\">$26,000 resistance zone<\/a>. BTC climbed above $26,200 however struggled to proceed increased.<\/p>\n<p>It shaped a high close to the $26,500 zone and lately began a recent decline. There was a transfer under the $26,200 stage. Besides, there was a break under a connecting bullish pattern line with assist close to $26,000 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Bitcoin examined the 50% Fib retracement stage of the restoration wave from the $24,800 swing low to the $26,981 excessive. It is now buying and selling under $26,400 and the 100 hourly Simple transferring common.<\/p>\n<p>Immediate resistance is close to the $26,100 stage and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-nosedives-25k-2\/\" target=\"_blank\" rel=\"noopener\">100 hourly Simple moving average<\/a>. The subsequent main resistance is close to $26,250. A transparent transfer above the $26,250 resistance would possibly ship the value towards the $26,500 resistance zone.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-548313\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468\" alt=\"Bitcoin Price\" width=\"1024\" height=\"468\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/08\/Bitcoin-12.png?resize=1024%2C468?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\" data-recalc-dims=\"1\"\/><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener\">BTCUSD on TradingView.com<\/a><\/p>\n<p>The essential breakout zone is now forming close to the $27,000 zone. A detailed above the $27,000 resistance may begin a good improve towards the $27,550 resistance zone. Any extra good points would possibly set the tempo for a bigger improve towards $28,150.<\/p>\n<h2>Another Decline In BTC?<\/h2>\n<p>If Bitcoin fails to clear the $26,250 resistance, it may proceed to maneuver down. Immediate assist on the draw back is close to the $25,900 zone.<\/p>\n<p>The subsequent main assist is close to the $25,600 stage or the 61.8% Fib retracement stage of the restoration wave from the $24,800 swing low to the $26,981 excessive. A draw back break under the $25,600 stage would possibly push the value additional right into a bearish zone. In the said case, the value may drop towards $25,000.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining tempo within the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now under the 50 stage.<\/p>\n<p>Major Support Levels \u2013 $25,900, adopted by $25,600.<\/p>\n<p>Major Resistance Levels \u2013 $26,250, $26,500, and $27,000.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bearish-26500\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin worth is struggling to get well above the $26,500 stage. BTC may achieve bearish momentum if there&#8217;s a transfer under the $25,600 assist. Bitcoin is struggling to get well above the $26,500 resistance zone. The worth is buying and selling under $26,400 and the 100 hourly Simple transferring common. There was a break [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6939,"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":[40,676,20,814,1462,110,1134,1091],"class_list":["post-27277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-bearish","tag-bears","tag-bitcoin","tag-continuation","tag-losing","tag-price","tag-signals","tag-strength","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\/27277","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=27277"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27277\/revisions"}],"predecessor-version":[{"id":27278,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27277\/revisions\/27278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/6939"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=27277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=27277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=27277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}