{"id":615459,"date":"2023-03-08T07:49:42","date_gmt":"2023-03-08T13:49:42","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/08\/bitcoin-live-news-a-massive-btc-price-move-is-imminent-this-quarter-a-bullish-upswing-on-the-cards\/"},"modified":"2023-03-08T07:49:42","modified_gmt":"2023-03-08T13:49:42","slug":"bitcoin-live-news-a-massive-btc-price-move-is-imminent-this-quarter-a-bullish-upswing-on-the-cards","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/08\/bitcoin-live-news-a-massive-btc-price-move-is-imminent-this-quarter-a-bullish-upswing-on-the-cards\/","title":{"rendered":"Bitcoin Live News: A Massive BTC Price Move is Imminent This Quarter \u2013 A Bullish Upswing on the Cards?\u00a0"},"content":{"rendered":"
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\"Bitcoin<\/figure>\n<\/div>\n
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The bitcoin price<\/a>, after consolidating within a very narrow range for a few days, plunged below the crucial support level of $22,000. The bearish volume has accumulated heavily, which may keep the rally within the consolidation range for an extended period. Hence, the price is believed to test the lower support below $21,500 in the coming days, which may attract huge liquidity to the platform.\u00a0<\/p>\n

In the times when the BTC price is believed to be slashing down hard, some possibility of a bullish divergence continues to flash. The price could display massive price action before the end of the month, which may raise the price levels by more than 20% to 25%. Hence indicating the possibility of a trend reversal, sparking a fine upswing.\u00a0<\/p>\n

Apart from this, a couple of technical indicators are also pointing towards a bullish breakout and suggest that the price is at the tip of a massive explosion.<\/p>\n

Trading View<\/figcaption><\/figure>\n

The crypto space appears to have ignited a panic button as the BTC price has dropped below $22,000<\/a>. But in the longer time frame, diverse action is being witnessed that points out a surprising upswing before the end of the month. The stochastic RSI in the higher time frame is flashing a massive buy signal, considering that the price may leap in the coming days.\u00a0<\/p>\n

The StochRSI levels have crossed bullish after holding their trend within the oversold levels throughout 2022. Presently, with a slight upswing in the levels, the BTC price has recorded a more than 50% jump since the beginning of the year. Meanwhile, during the previous examples, the star crypto has surged by more than 150% and has also ranged up to 250%.\u00a0<\/p>\n

The bullish breakout of the StochRSI has kicked off a massively bull rally previously and hence a similar price action may be expected at the momentum.\u00a0<\/p>\n<\/div>\n

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Sahana Vibhute<\/a><\/h3>\n

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\n Sahana Vibhute<\/p>\n","protected":false},"excerpt":{"rendered":"

The bitcoin price, after consolidating within a very narrow range for a few days, plunged below the crucial support level of $22,000. The bearish volume has accumulated heavily, which may keep the rally within the consolidation range for an extended period. Hence, the price is believed to test the lower support below $21,500 in the<\/p>\n","protected":false},"author":1,"featured_media":615460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,1181],"tags":[],"class_list":{"0":"post-615459","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-massive"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/615459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=615459"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/615459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/615460"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=615459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=615459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=615459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}