Bitcoin (BTC) Price Prediction: 50-DSMA Set to Ignite a Fresh Rally?

CoinChapter · 2024-10-04T06:53:06.000Z

Key Takeaways: Bitcoin started a downside correction from the $66,500 resistance. BTC/USD failed to clear a major bearish trend line with resistance at $66,800 on the daily chart. The price is still above the 50-day simple moving average (blue) and might aim for a fresh increase. Bitcoin Price Bitcoin price is struggling below $63,500 and $66,500. BTC must stay above the 50-day simple moving average (blue) to start another rally. Bitcoin Price Dips Again To $60K In the past few days, Bitcoin price saw a decent upward move above the $63,500 resistance zone. BTC even surpassed the $64,200 and $65,000 resistance levels. However, the bears were active near the $66,500 zone. It seems like the price failed to clear a major bearish trend line with resistance at $65,800 on the daily chart. A high was formed at $66,587 and the price recently saw a downside correction. The price declined below the $64,200 level and dragged altcoins such as Ethereum, Solana, and XRP lower. Bitcoin price daily chart | Source: BTC/USD on TradingView.com Bitcoin price almost tested the 50% Fib retracement level of the upward move from the $52,756 swing low to the $66,587 high. It seems like the bulls are now protecting a close below the 50-day simple moving average (blue) at $60,000. If the bulls remain active, the price could start a fresh increase. Immediate resistance on the upside sits near the $62,500 level. The first major resistance is seen near the $63,500 level. To continue higher, BTC price must settle above the $63,500 resistance zone. In the stated case, the bulls might target a test of the main hurdle at $66,500 and the trend line. A close above-the-trend line resistance could spark a fresh rally and sustained upward move. The next stop for the bulls could be $72,000 or even a new all-time high in the coming weeks. More Downsides In BTC? Conversely, Bitcoin price might struggle near $62,500 or $63,500 and start another decline. Immediate support on the downside is near the $60,500 level and 50-day simple moving average (blue). The first major support is near the $60,000 level. A downside break below the $60,000 support zone could spark more bearish moves. In the stated case, the price might decline toward the 61.8% Fib retracement level of the upward move from the $52,756 swing low to the $66,587 high at $58,000. Any more losses could open the doors for a move toward the $55,500 support zone. Overall, Bitcoin is still above the 50-DSMA. Having said that, BTC must clear $62,500 and $63,500 to start a fresh journey toward the $66,500 resistance zone. The post Bitcoin (BTC) Price Prediction: 50-DSMA Set To Ignite a Fresh Rally? appeared first on CoinChapter.

Poin-poin Utama:
Bitcoin memulai koreksi penurunan dari level resistensi $66.500.
BTC/USD gagal menembus garis tren bearish utama dengan resistensi di $66.800 pada grafik harian.
Harga masih berada di atas rata-rata pergerakan sederhana 50 hari (biru) dan mungkin mengarah pada kenaikan baru.
Harga Bitcoin
Harga Bitcoin sedang berjuang di bawah $63.500 dan $66.500. BTC harus tetap berada di atas simple moving average 50 hari (biru) untuk memulai reli lainnya.
Harga Bitcoin Turun Lagi ke $60K
Dalam beberapa hari terakhir, harga Bitcoin mengalami kenaikan yang lumayan di atas zona resistensi $63.500. BTC bahkan melampaui level resistensi $64.200 dan $65.000. Namun, bears aktif di dekat zona $66.500.
Tampaknya harga gagal menembus garis tren bearish utama dengan resistensi di $65.800 pada grafik harian. Titik tertinggi terbentuk di $66.587 dan harga baru-baru ini mengalami koreksi ke bawah. Harga turun di bawah level $64.200 dan menyeret altcoin seperti Ethereum, Solana, dan XRP turun.
Grafik harian harga Bitcoin | Sumber: BTC/USD di TradingView.com
Harga Bitcoin hampir menguji level Fibonacci retracement 50% dari pergerakan naik dari swing low $52.756 ke swing high $66.587. Tampaknya para pembeli sekarang melindungi penutupan di bawah simple moving average 50 hari (biru) di $60.000.
Jika bulls tetap aktif, harga bisa memulai kenaikan baru. Resistensi langsung pada sisi atas berada di dekat level $62.500. Resistensi utama pertama terlihat di dekat level $63.500. Untuk melanjutkan kenaikan, harga BTC harus berada di atas zona resistensi $63.500.
Dalam kasus yang disebutkan, para investor mungkin menargetkan pengujian rintangan utama di $66.500 dan garis tren. Resistensi yang ditutup di atas garis tren dapat memicu reli baru dan pergerakan naik yang berkelanjutan. Titik pemberhentian berikutnya bagi para investor mungkin adalah $72.000 atau bahkan titik tertinggi baru sepanjang masa dalam beberapa minggu mendatang.
Lebih Banyak Kerugian pada BTC?
Sebaliknya, harga Bitcoin mungkin akan berjuang mendekati $62.500 atau $63.500 dan memulai penurunan lagi. Support langsung pada sisi negatifnya berada di dekat level $60.500 dan simple moving average 50 hari (biru). Support utama pertama berada di dekat level $60.000.
Penurunan di bawah zona support $60.000 dapat memicu pergerakan bearish lebih lanjut. Dalam kasus tersebut, harga mungkin turun menuju level Fibonacci retracement 61,8% dari pergerakan naik dari swing low $52.756 ke swing high $66.587 di $58.000. Penurunan lebih lanjut dapat membuka peluang pergerakan menuju zona support $55.500.
Secara keseluruhan, Bitcoin masih berada di atas 50-DSMA. Meski demikian, BTC harus menembus $62.500 dan $63.500 untuk memulai perjalanan baru menuju zona resistensi $66.500.
Postingan Prediksi Harga Bitcoin (BTC): 50-DSMA Siap Memicu Reli Baru? muncul pertama kali di CoinChapter.

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