{"id":2914,"date":"2023-03-01T16:38:34","date_gmt":"2023-03-01T16:38:34","guid":{"rendered":"http:\/\/ewforex.net\/blog\/?p=2914"},"modified":"2023-03-01T16:39:04","modified_gmt":"2023-03-01T16:39:04","slug":"bitcoin-tests-critical-support-2","status":"publish","type":"post","link":"https:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/","title":{"rendered":"Bitcoin Tests Critical Support!"},"content":{"rendered":"\n

Featured chart by StockCharts.com<\/p>\n\n\n\n

Technical analysis by Raul Fernando Luna Toro<\/p>\n\n\n\n

Daily price action<\/h3>\n\n\n\n

Bitcoin is up +2.89% so far this morning.  The benchmark crypto opened at 23134.20 moved down to a low at $20037.24 before moving up strongly to a intraday high of $23962.77.  Currently, price is trading at the $23757.05. <\/p>\n\n\n\n

Elliott Wave analysis<\/h3>\n\n\n\n

Last night BTC\/USDT tested Minor Degree lower channel trend line support for the second time in five days.  Today\u2019s range is outside yesterday\u2019s candle signaling a possible reversal of the downtrend from the $25250.00 February high.  However, I think this is unlikely as the Elliott Wave structure is still intact and warning of a deeper correction of the impulse up from the $15476.00 November low. <\/p>\n\n\n\n

\"\"<\/a>
Above is a daily log bar chart of BTC\/USDT with Elliott Wave labeling.<\/figcaption><\/figure>\n\n\n\n

Decomposing down to a 1-hour chart, one can see that a double zigzag has formed at the $24000.00 high.   Notice also that price has since dropped off and is now testing the Micro Degree middle channel trend line support for the third time in three hours. <\/p>\n\n\n\n

The risk is to the downside. Once again, look for buying opportunities at Fibonacci levels:  $20943.40 38.2%, $19767.88 50.0%, $18656.34 61.8%. <\/p>\n\n\n\n

\"\"<\/a>
Above is a 1 hour log bar chart of BTC\/USDT with Elliott Wave labeling. <\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Featured chart by StockCharts.com Technical analysis by Raul Fernando Luna Toro Daily price action Bitcoin is up +2.89% so far this morning.  The benchmark crypto opened at 23134.20 moved down to a low at $20037.24 before moving up strongly to a intraday high of $23962.77.  Currently, price is trading at the $23757.05.  Elliott Wave analysis […]<\/p>\n","protected":false},"author":1,"featured_media":2915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economia"],"yoast_head":"\nBitcoin Tests Critical Support! | Casa de cambios | ewforex.net<\/title>\n<meta name=\"description\" content=\"Conoce el precio del d\u00f3lar en per\u00fa actualidado cada dia, compra del dolar, venta del dolar y la cotizacion del dolar actual en cambistas, casas de cambio y en los bancos naciones del Per\u00fa.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Tests Critical Support! | Casa de cambios | ewforex.net\" \/>\n<meta property=\"og:description\" content=\"Conoce el precio del d\u00f3lar en per\u00fa actualidado cada dia, compra del dolar, venta del dolar y la cotizacion del dolar actual en cambistas, casas de cambio y en los bancos naciones del Per\u00fa.\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Casa de cambios | ewforex.net\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-01T16:38:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-01T16:39:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2023\/03\/feat1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"690\" \/>\n\t<meta property=\"og:image:height\" content=\"528\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/ewforex.net\/blog\/#organization\",\"name\":\"casa de cambios\",\"url\":\"https:\/\/ewforex.net\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/ewforex.net\/blog\/#logo\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2020\/05\/cropped-logo-1.png\",\"width\":218,\"height\":44,\"caption\":\"casa de cambios\"},\"image\":{\"@id\":\"https:\/\/ewforex.net\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ewforex.net\/blog\/#website\",\"url\":\"https:\/\/ewforex.net\/blog\/\",\"name\":\"Casa de cambios | ewforex.net\",\"description\":\"Casa de Cambios Online En lima Per\\u00fa, Miraflores, Compra y Venta de Dolares, Cambio de Divisas al Mejor Precio. Mejor precio del dolar en per\\u00fa, Euros, Pesos y criptomonedas.\",\"publisher\":{\"@id\":\"https:\/\/ewforex.net\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/ewforex.net\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"ImageObject\",\"@id\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#primaryimage\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2023\/03\/feat1.png\",\"width\":690,\"height\":528},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#webpage\",\"url\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/\",\"name\":\"Bitcoin Tests Critical Support! | Casa de cambios | ewforex.net\",\"isPartOf\":{\"@id\":\"https:\/\/ewforex.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#primaryimage\"},\"datePublished\":\"2023-03-01T16:38:34+00:00\",\"dateModified\":\"2023-03-01T16:39:04+00:00\",\"description\":\"Conoce el precio del d\\u00f3lar en per\\u00fa actualidado cada dia, compra del dolar, venta del dolar y la cotizacion del dolar actual en cambistas, casas de cambio y en los bancos naciones del Per\\u00fa.\",\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/\"]}]},{\"@type\":\"Article\",\"@id\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#webpage\"},\"author\":{\"@id\":\"https:\/\/ewforex.net\/blog\/#\/schema\/person\/0fb8a9960a42a555861047f767958f02\"},\"headline\":\"Bitcoin Tests Critical Support!\",\"datePublished\":\"2023-03-01T16:38:34+00:00\",\"dateModified\":\"2023-03-01T16:39:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#webpage\"},\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ewforex.net\/blog\/#organization\"},\"image\":{\"@id\":\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#primaryimage\"},\"articleSection\":\"Econom\\u00eda\",\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\/\/ewforex.net\/blog\/economia\/bitcoin-tests-critical-support-2\/#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ewforex.net\/blog\/#\/schema\/person\/0fb8a9960a42a555861047f767958f02\",\"name\":\"kaltre10@gmail.com\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/ewforex.net\/blog\/#personlogo\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b52421cb7577ca83892ab4cc193924957ad2c84db74b727585bfebaf54bccc84?s=96&d=mm&r=g\",\"caption\":\"kaltre10@gmail.com\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/posts\/2914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/comments?post=2914"}],"version-history":[{"count":3,"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/posts\/2914\/revisions"}],"predecessor-version":[{"id":2920,"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/posts\/2914\/revisions\/2920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/media\/2915"}],"wp:attachment":[{"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/media?parent=2914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/categories?post=2914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewforex.net\/blog\/wp-json\/wp\/v2\/tags?post=2914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}