Partager cet article
BTC
$94,880.84
+
1.63%ETH
$1,799.27
+
2.14%USDT
$1.0005
+
0.02%XRP
$2.1921
+
0.38%BNB
$602.23
+
0.21%SOL
$151.45
-
0.21%USDC
$0.9999
+
0.01%DOGE
$0.1864
+
3.24%ADA
$0.7210
+
1.29%TRX
$0.2432
-
0.33%SUI
$3.6204
+
8.21%LINK
$15.11
+
0.84%AVAX
$22.69
+
2.73%XLM
$0.2905
+
5.47%SHIB
$0.0₄1465
+
5.22%LEO
$9.1439
-
0.93%HBAR
$0.1956
+
5.08%TON
$3.2474
+
1.30%BCH
$373.48
+
4.95%LTC
$87.72
+
4.79%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Bitcoin Hovers Near 200-Hour MA and Close to Its Support
The cryptocurrency is down for a second straight day.
Bitcoin pulled back again early Wednesday on the heels of a recent bull run.
- The cryptocurrency was trading near its 200-hour moving average (MA) and close to its support at $54,500 earlier today, representing a 2.6% drop on the day. That follows a 2.58% decline on Tuesday.
- The average acted as strong support during the U.S. trading hours on Tuesday.
- The relative strength index (RSI) on the hourly and four-hour charts remains in bearish territory below 50, and so a continued decline cannot be ruled out.
- Acceptance under the 200-hour MA would expose support at $50,000.
- Bulls will need to clear the lower high at $56,612 created during Asian trading hours to take greater control and attack resistance at $60,000.
Omkar Godbole
Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.
