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{"id":6458,"date":"2021-09-26T15:14:59","date_gmt":"2021-09-26T15:14:59","guid":{"rendered":"https:\/\/cryptocurrencypanther.com\/2021\/09\/26\/bitcoin-bulls-look-to-scale-into-a-break-of-43200-as-leverage-piles-up-again\/"},"modified":"2021-09-26T15:14:59","modified_gmt":"2021-09-26T15:14:59","slug":"bitcoin-bulls-look-to-scale-into-a-break-of-43200-as-leverage-piles-up-again","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/09\/26\/bitcoin-bulls-look-to-scale-into-a-break-of-43200-as-leverage-piles-up-again\/","title":{"rendered":"Bitcoin Bulls look to scale Into a Break of $43200 As Leverage Piles Up Again"},"content":{"rendered":"


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The recent bearish statement by the People\u2019s Bank of China labeling all cryptocurrency related transactions as illegal followed by a decline in Bitcoin-Blockchain Miners\u2019 revenue [BCHAIN\/MIREV] suggests the recent slump in the Bitcoin BTC price.<\/span><\/p>\n

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advertisement<\/span><\/p>\n

Earlier this month, the BTCUSDT crypto pair traded above the 200-period Moving Average on the H4 time frame as shown above.<\/span><\/p>\n

BTCUSDT 4 Hr Chart<\/strong><\/h2>\n
\"Bitcoin