{"id":3928,"date":"2022-06-28T16:17:08","date_gmt":"2022-06-28T16:17:08","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2022\/06\/28\/btc-maintains-its-price-above-21k\/"},"modified":"2022-06-28T16:17:08","modified_gmt":"2022-06-28T16:17:08","slug":"btc-maintains-its-price-above-21k","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2022\/06\/28\/btc-maintains-its-price-above-21k\/","title":{"rendered":"BTC maintains its price above $21k"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p dir=\"ltr\"><strong>The cryptocurrency is recovering after a poor begin to the day, with most cash nonetheless within the purple zone.<\/strong><\/p>\n<p dir=\"ltr\">The cryptocurrency market has had a poor begin to the day. The market was down by greater than 2% earlier at present however is slowly recovering and is simply down by 1.25% on the time of this evaluation.\u00a0<\/p>\n<p dir=\"ltr\">The whole cryptocurrency market cap stands above $950 billion. The bulls may look to push this previous the $1 trillion mark within the coming days if final week\u2019s momentum might be repeated.<\/p>\n<p dir=\"ltr\">Bitcoin, the world\u2019s main cryptocurrency, is down by 1.3% within the final 24 hours. The coin dropped under the $21k psychological stage a couple of hours in the past however has bounced again and now trades above $21,100.<\/p>\n<p dir=\"ltr\">The bulls have been capable of preserve Bitcoin above the $20k mark over the previous few days. It dropped under $18k earlier this month however has maintained its worth above $20k since then.<\/p>\n<h2>Key ranges to look at<\/h2>\n<p dir=\"ltr\">The BTC\/USD 4-hour chart is impartial as Bitcoin has barely underperformed over the previous 24 hours.<\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/x\/Z7ly9ehP\/\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/05\/28\/1656409128694-ae19bbb2-0507-498e-b8c9-55d3741a0af2.png\" style=\"width: 600px\" class=\"fr-fic fr-dib fr-fil\"\/><\/a><\/p>\n<p dir=\"ltr\">The MACD line is across the impartial zone, indicating that Bitcoin is neither bullish nor bearish in the mean time. The 14-day relative power index of 51 exhibits that Bitcoin is now not within the oversold area. However, additionally it is a way off from coming into the overbought territory.<\/p>\n<p dir=\"ltr\">If the bulls proceed to push more durable, BTC may cross the primary main resistance stage at $21,519 earlier than the top of the day. However, it will want the help of the broader market to maneuver previous the $22,899 resistance stage for the primary time in every week.<\/p>\n<p dir=\"ltr\">The broader market remains to be bearish, and this might see BTC lose its $20,500 help stage within the coming hours. A drop under $20,500 may push Bitcoin under the $20k stage for the second time in lower than every week.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-maintains-its-price-above-21k-as-the-market-slowly-recovers\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency is recovering after a poor begin to the day, with most cash nonetheless within the purple zone. The cryptocurrency market has had a poor begin to the day. The market was down by greater than 2% earlier at present however is slowly recovering and is simply down by 1.25% on the time of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2250,31,700,110],"class_list":{"0":"post-3928","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-21k","9":"tag-btc","10":"tag-maintains","11":"tag-price"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/3928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=3928"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/3928\/revisions"}],"predecessor-version":[{"id":3929,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/3928\/revisions\/3929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/3090"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=3928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=3928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=3928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}