{"id":28609,"date":"2023-09-15T04:04:43","date_gmt":"2023-09-15T04:04:43","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/09\/15\/bitcoin-bulls-keep-pushing-and-its-good-signs-of-a-fresh-rally\/"},"modified":"2023-09-15T04:04:43","modified_gmt":"2023-09-15T04:04:43","slug":"bitcoin-bulls-keep-pushing-and-its-good-signs-of-a-fresh-rally","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/09\/15\/bitcoin-bulls-keep-pushing-and-its-good-signs-of-a-fresh-rally\/","title":{"rendered":"Bitcoin Bulls Keep Pushing And Its Good Signs of A Fresh Rally"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>Bitcoin worth is holding good points above the $26,200 zone. BTC appears to be forming a base for a recent improve above $26,850 within the coming periods.<\/em><\/p>\n<ul>\n<li>Bitcoin is eyeing a key upside break above the $26,850 stage.<\/li>\n<li>The worth is buying and selling above $26,100 and the 100 hourly Simple transferring common.<\/li>\n<li>There is a key bullish development line forming with assist close to $26,300 on the hourly chart of the BTC\/USD pair (information feed from Kraken).<\/li>\n<li>The pair appears to be organising for a recent rally above the $26,850 resistance.<\/li>\n<\/ul>\n<h2>Bitcoin Price Could Rally Above $27K<\/h2>\n<p>Bitcoin worth began a good improve above the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-rally-above-26500\/\" target=\"_blank\" rel=\"noopener\">$26,000 resistance zone<\/a>. BTC remained well-bid above the Fib retracement stage of the upward transfer from the $24,925 swing low to the $27,212 excessive.<\/p>\n<p>There was a detailed above the $26,500 resistance zone. However, the bears appear to be defending an upside break above the $26,850 resistance. The latest excessive was shaped close to $26,833 earlier than there was one other draw back correction.<\/p>\n<p>There was a transfer towards the 50% Fib retracement stage of the latest improve from the $26,154 swing low to the $26,833 excessive. Bitcoin is now buying and selling above $26,100 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bearish-formation-26500\/\" target=\"_blank\" rel=\"noopener\">100 hourly Simple moving average<\/a>. There can also be a key bullish development line forming with assist close to $26,300 on the hourly chart of the BTC\/USD pair.<\/p>\n<p>Immediate resistance on the upside is close to the $26,720 stage. The first main resistance is close to the $26,850 stage. The subsequent key resistance might be close to the $27,200 stage.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-551479\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.png?resize=1024%2C468\" alt=\"Bitcoin Price\" width=\"1024\" height=\"468\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.png?resize=1024%2C468?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.png?resize=1024%2C468?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.png?resize=1024%2C468?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.png?resize=1024%2C468?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.png?resize=1024%2C468?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.png?resize=1024%2C468?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/09\/Bitcoin-10.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>A profitable transfer above the $26,850 resistance after which a detailed above $27,200 may spark one other bullish wave. The subsequent main resistance is close to $28,000, above which the bulls may achieve energy. In the said case, the worth may take a look at the $28,800 stage.<\/p>\n<h2>Another Rejection In BTC?<\/h2>\n<p>If Bitcoin fails to start out a recent improve above the $26,850 resistance, it may proceed to maneuver down. Immediate assist on the draw back is close to the $26,300 stage and the development line.<\/p>\n<p>The development line is close to the 76.4% Fib retracement stage of the latest improve from the $26,154 swing low to the $26,833 excessive. The subsequent main assist is close to the $26,000 stage. A draw back break and shut beneath the $26,000 stage would possibly ship the worth towards the important thing assist at $25,550.<\/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 stage.<\/p>\n<p>Major Support Levels \u2013 $26,300, adopted by $26,000.<\/p>\n<p>Major Resistance Levels \u2013 $26,720, $26,850, and $27,200.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-bulls-keep-pushing-26850\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin worth is holding good points above the $26,200 zone. BTC appears to be forming a base for a recent improve above $26,850 within the coming periods. Bitcoin is eyeing a key upside break above the $26,850 stage. The worth is buying and selling above $26,100 and the 100 hourly Simple transferring common. There [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21828,"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":[20,640,594,300,677,439,655],"class_list":["post-28609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-bitcoin","tag-bulls","tag-fresh","tag-good","tag-pushing","tag-rally","tag-signs","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\/28609","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=28609"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/28609\/revisions"}],"predecessor-version":[{"id":28610,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/28609\/revisions\/28610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/21828"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=28609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=28609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=28609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}