<br><div> <p><em>Bitcoin worth is holding features above the $19,000 degree towards the US Greenback. BTC may rally if there's a clear transfer above the $19,660 resistance zone.</em></p> <ul> <li>Bitcoin remained secure and consolidated above the $19,000 help zone.</li> <li>The value is buying and selling above $19,100 and the 100 hourly easy shifting common.</li> <li>There's a key bullish pattern line forming with help close to $19,220 on the hourly chart of the BTC/USD pair (information feed from Kraken).</li> <li>The pair may begin a contemporary surge if there's a clear transfer above the $19,660 resistance zone.</li> </ul> <h2>Bitcoin Value Consolidates</h2> <p>Bitcoin worth began a restoration wave from the <a target="_blank" href="https://www.newsbtc.com/analysis/btc/bitcoin-price-resilience-18-5k/" rel="noopener">$18,500 support zone</a>. BTC bulls remained lively above the $18,500 degree and managed to push the worth above the $19,000 resistance zone.</p> <p>There was a transparent transfer above the 50% Fib retracement degree of the important thing decline from the $20,382 swing excessive to $18,486 low. The value even climbed above the $19,500 resistance zone, however the bears had been lively close to the $19,650 and $19,660 ranges.</p> <p>Bitcoin worth is now consolidating above $19,100 and the <a target="_blank" href="https://www.newsbtc.com/analysis/btc/bitcoin-price-trims-gains-18k/" rel="noopener">100 hourly simple moving average</a>. There's additionally a key bullish pattern line forming with help close to $19,220 on the hourly chart of the BTC/USD pair.</p> <p>On the upside, a right away resistance is close to the $19,500 degree. The subsequent main resistance sits close to the $19,660 zone. It's near the 61.8% Fib retracement degree of the important thing decline from the $20,382 swing excessive to $18,486 low.</p> <p><a target="_blank" href="https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31.png" rel="noopener"><amp-img class="alignnone size-full wp-image-504399 amp-wp-enforced-sizes i-amphtml-layout-intrinsic i-amphtml-layout-size-defined" src="https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31.png" alt="Bitcoin Price" width="1834" height="845" srcset="https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31.png 1834w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-460x212.png 460w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-860x396.png 860w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-768x354.png 768w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-1536x708.png 1536w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-750x346.png 750w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-1140x525.png 1140w" sizes="(max-width: 1834px) 100vw, 1834px" layout="intrinsic" disable-inline-width="" i-amphtml-layout="intrinsic"><i-amphtml-sizer slot="i-amphtml-svc" class="i-amphtml-sizer"><img alt="" aria-hidden="true" class="i-amphtml-intrinsic-sizer" role="presentation" src="data:image/svg+xml;base64,PHN2ZyBoZWlnaHQ9Ijg0NSIgd2lkdGg9IjE4MzQiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyIgdmVyc2lvbj0iMS4xIi8+"/></i-amphtml-sizer><noscript><img decoding="async" loading="lazy" src="https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31.png" alt="Bitcoin Price" width="1834" height="845" srcset="https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31.png 1834w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-460x212.png 460w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-860x396.png 860w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-768x354.png 768w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-1536x708.png 1536w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-750x346.png 750w, https://www.newsbtc.com/wp-content/uploads/2022/09/Bitcoin-31-1140x525.png 1140w" sizes="(max-width: 1834px) 100vw, 1834px"/></noscript></amp-img></a></p> <p>Supply: <a target="_blank" href="https://www.tradingview.com/symbols/BTCUSD/" rel="noopener nofollow">BTCUSD on TradingView.com</a></p> <p>A transparent transfer above the $19,660 resistance may begin a contemporary enhance. Within the acknowledged case, the worth may even surpass the $20,000 resistance zone. The subsequent main resistance is close to the $20,500 zone, above which the worth could maybe revisit the $21,000 zone.</p> <h2>One other Drop in BTC?</h2> <p>If bitcoin fails to rise above the $19,660 resistance zone, it may begin a contemporary decline. An instantaneous help on the draw back is close to the $19,350 zone and the 100 hourly SMA.</p> <p>The subsequent main help is close to the $19,220 zone and the bullish pattern line. The principle help is close to $19,000. Any extra losses may name for a drop in direction of the $18,500 help zone within the coming classes.</p> <p>Technical indicators:</p> <p>Hourly MACD – The MACD is now dropping tempo within the bullish zone.</p> <p>Hourly RSI (Relative Power Index) – The RSI for BTC/USD is now above the 50 degree.</p> <p>Main Help Ranges – $19,220, adopted by $19,000.</p> <p>Main Resistance Ranges – $19,660, $20,000 and $20,500.</p> </div>