Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

2025-05-22

XRP price to crash 30% if this happens

2025-05-22

Billionaire Justin Sun To attend the Crypto dinner with President, says he is ‘top holder’ of Trump’s memecoin

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Validation Cloud implements AI -Engine on Hedera

    2025-05-22

    Sony announces the Mavet launch of Soneium Blockchain

    2025-05-21

    Nitro Labs launches data anchor to lower the storage costs of Solana

    2025-05-21

    Zimbabwe rolls out blockchain-based carbon credit market system

    2025-05-21

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

    2025-05-22

    Bitcoin price rays to New All Time Bulls takes the lead

    2025-05-22

    Mike Novogratz says that weakening dollars, broadening the shortage and the deteriorating financial situation of America ‘very good’ for Bitcoin and Crypto

    2025-05-21

    Does the XRP price mirror the Rally of 2017? Analyst points to agreements

    2025-05-21

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Bitcoin price rises by more than 15% in a few days, $45,000 seems close
Altcoins

Bitcoin price rises by more than 15% in a few days, $45,000 seems close

2023-12-05No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin price extended its rally above the USD 43,200 resistance. BTC is now consolidating gains and could rally further towards the $45,000 zone.

  • Bitcoin rose further above the USD 42,200 and USD 43,200 levels.
  • The price is trading above USD 43,200 and the 100 hourly Simple Moving Average.
  • Two bullish trendlines are forming with support near $43,200 and $41,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could correct lower towards $43,200 before starting a new rise.

Bitcoin Price Extends Rally

Bitcoin price remained in a steady uptrend above the USD 40,000 resistance zone. BTC gained more than 15% in recent days and even rose above the $42,000 zone.

The upward move gained speed above the USD 43,200 resistance zone. A new multi-month high is formed near $44,465 and the price is now correcting gains. There was a move below the USD 44,000 level. The price is still above the 23.6% Fib retracement level of the upward move from the $39,476 swing low to the $44,465 high.

Bitcoin is also trading above $43,200 and the 100 hourly Simple Moving Average. Furthermore, two bullish trendlines are forming with support around $43,200 and $41,800 on the hourly chart of the BTC/USD pair. The second trendline is close to the 50% Fib retracement level of the upward move from the $39,476 swing low to the $44,465 high.

On the upside, immediate resistance is around the $44,200 level. The first major resistance forms around $44,450, above which the price could rise towards the $45,000 level.

See also  Have PEPE's ghosts of Christmas past finally disappeared?

Bitcoin price

Source: BTCUSD on TradingView.com

A close above the $45,000 resistance could send the price higher. The next major resistance could be near USD 46,400, above which BTC could rise towards the USD 48,000 level.

Are dips supported in BTC?

If Bitcoin fails to rise above the USD 44,500 resistance zone, a downward correction could occur. The immediate downside support is near the $43,250 level.

The next major support is near USD 42,800, below which the price could test the second trendline. If there is a move below $42,000, there is a risk of more downside. In the mentioned case, the price could fall towards the USD 40,500 support in the short term.

Technical indicators:

Hourly MACD – The MACD is now gaining speed in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major support levels – USD 43,200, followed by USD 42,000.

Major resistance levels – $44,200, $44,450 and $45,000.

Source link

Bitcoin close Days Price Rises
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

2025-05-22

XRP price to crash 30% if this happens

2025-05-22

Strive Eyes 75,000 Mt. Gox bitcoin to build treasure chest prior to merger

2025-05-22

The price of Bitcoin affects ATH of $ 111,000 if open interest rises to $ 72 billion – details

2025-05-22
Add A Comment

Comments are closed.

Top Posts

Assessing interest in the Solana ecosystem, NFTs

2023-12-11

Unsfraems the mission with .mery domains 👻

2025-04-21

Crypto expert predicts historic 9,468% rise to $27

2024-09-20
Editors Picks

Bitcoin’s ETF resolve injects volatility into the market

2023-09-06

Ethereum Price Indicates Possible Short Term Downtrend, Sales Rallies?

2023-07-24

XRP Price Prediction: Analyst Expects A 300% Rise After Ripple’s Lawsuit Victory

2023-07-17

Binance Crypto Exchange Launches Futures Trading for Ethereum-based Altcoin That Surges Over 50% in a Week

2023-10-27
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Analyst predicts huge Bitcoin outburst based on one gold graph, sees the Altcoin market following

XRP price to crash 30% if this happens

Billionaire Justin Sun To attend the Crypto dinner with President, says he is ‘top holder’ of Trump’s memecoin

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$110,753.214.00%
  • ethereumEthereum(ETH)$2,664.584.39%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.433.10%
  • binancecoinBNB(BNB)$683.464.84%
  • solanaSolana(SOL)$178.845.99%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2436347.66%
  • cardanoCardano(ADA)$0.806.06%
  • tronTRON(TRX)$0.2730860.79%
  • suiSui(SUI)$4.168.36%
  • chainlinkChainlink(LINK)$16.594.53%
  • hyperliquidHyperliquid(HYPE)$31.3018.82%
  • avalanche-2Avalanche(AVAX)$24.438.27%
  • stellarStellar(XLM)$0.3003994.04%
  • shiba-inuShiba Inu(SHIB)$0.0000155.88%
  • hedera-hashgraphHedera(HBAR)$0.2036873.73%
  • bitcoin-cashBitcoin Cash(BCH)$419.585.28%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.83%
  • the-open-networkToncoin(TON)$3.184.44%
  • polkadotPolkadot(DOT)$4.904.86%
  • litecoinLitecoin(LTC)$99.425.04%
  • moneroMonero(XMR)$398.078.57%
  • bitget-tokenBitget Token(BGB)$5.282.37%
  • pepePepe(PEPE)$0.0000157.81%
  • piPi(PI)$0.844.39%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bittensorBittensor(TAO)$472.8313.20%
  • uniswapUniswap(UNI)$6.462.26%
  • aaveAave(AAVE)$256.55-1.11%
  • nearNEAR Protocol(NEAR)$2.997.21%
  • aptosAptos(APT)$5.445.78%
  • ondo-financeOndo(ONDO)$1.027.76%
  • okbOKB(OKB)$53.071.95%
  • kaspaKaspa(KAS)$0.1165495.69%
  • ethereum-classicEthereum Classic(ETC)$19.656.16%
  • internet-computerInternet Computer(ICP)$5.575.49%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.612.83%
  • gatechain-tokenGateToken(GT)$21.841.20%
  • crypto-com-chainCronos(CRO)$0.1004894.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2520028.73%
  • vechainVeChain(VET)$0.0303556.80%
  • render-tokenRender(RENDER)$5.048.08%
  • mantleMantle(MNT)$0.761.80%
  • ethenaEthena(ENA)$0.4168059.45%
  • usd1World Liberty Financial USD(USD1)$1.000.11%
  • arbitrumArbitrum(ARB)$0.4291528.23%
  • algorandAlgorand(ALGO)$0.2396266.33%
  • filecoinFilecoin(FIL)$3.056.72%
  • bitcoinBitcoin(BTC)$110,753.214.00%
  • ethereumEthereum(ETH)$2,664.584.39%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.433.10%
  • binancecoinBNB(BNB)$683.464.84%
  • solanaSolana(SOL)$178.845.99%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2436347.66%
  • cardanoCardano(ADA)$0.806.06%
  • tronTRON(TRX)$0.2730860.79%
  • suiSui(SUI)$4.168.36%
  • chainlinkChainlink(LINK)$16.594.53%
  • hyperliquidHyperliquid(HYPE)$31.3018.82%
  • avalanche-2Avalanche(AVAX)$24.438.27%
  • stellarStellar(XLM)$0.3003994.04%
  • shiba-inuShiba Inu(SHIB)$0.0000155.88%
  • hedera-hashgraphHedera(HBAR)$0.2036873.73%
  • bitcoin-cashBitcoin Cash(BCH)$419.585.28%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.83%
  • the-open-networkToncoin(TON)$3.184.44%
  • polkadotPolkadot(DOT)$4.904.86%
  • litecoinLitecoin(LTC)$99.425.04%
  • moneroMonero(XMR)$398.078.57%
  • bitget-tokenBitget Token(BGB)$5.282.37%
  • pepePepe(PEPE)$0.0000157.81%
  • piPi(PI)$0.844.39%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bittensorBittensor(TAO)$472.8313.20%
  • uniswapUniswap(UNI)$6.462.26%
  • aaveAave(AAVE)$256.55-1.11%
  • nearNEAR Protocol(NEAR)$2.997.21%
  • aptosAptos(APT)$5.445.78%
  • ondo-financeOndo(ONDO)$1.027.76%
  • okbOKB(OKB)$53.071.95%
  • kaspaKaspa(KAS)$0.1165495.69%
  • ethereum-classicEthereum Classic(ETC)$19.656.16%
  • internet-computerInternet Computer(ICP)$5.575.49%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.612.83%
  • gatechain-tokenGateToken(GT)$21.841.20%
  • crypto-com-chainCronos(CRO)$0.1004894.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2520028.73%
  • vechainVeChain(VET)$0.0303556.80%
  • render-tokenRender(RENDER)$5.048.08%
  • mantleMantle(MNT)$0.761.80%
  • ethenaEthena(ENA)$0.4168059.45%
  • usd1World Liberty Financial USD(USD1)$1.000.11%
  • arbitrumArbitrum(ARB)$0.4291528.23%
  • algorandAlgorand(ALGO)$0.2396266.33%
  • filecoinFilecoin(FIL)$3.056.72%