Compartilhe este artigo
BTC
$84,931.20
+
0.09%ETH
$1,597.94
+
0.83%USDT
$0.9997
+
0.01%XRP
$2.0835
+
0.98%BNB
$592.18
+
0.30%SOL
$138.98
+
3.14%USDC
$0.9998
+
0.02%DOGE
$0.1591
+
2.62%TRX
$0.2411
-
2.22%ADA
$0.6336
+
3.15%LEO
$9.2227
+
0.24%LINK
$12.75
+
1.45%AVAX
$19.30
+
1.15%TON
$3.0037
+
1.37%XLM
$0.2440
+
0.64%SHIB
$0.0₄1232
+
4.32%HBAR
$0.1672
+
2.02%SUI
$2.1494
+
1.13%BCH
$337.68
+
2.57%HYPE
$17.42
+
1.65%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.
