Bitcoin Price Regains Strength As The Bulls Aim For $40K
Bitcoin price started a fresh increase above the $37,000 resistance zone. BTC could accelerate higher once there is a clear move above the $37,350 resistance. Bitcoin started a fresh increase from the $35,500 support zone. The price is trading above $36,700 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $36,720 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up toward $40,000 if it clears $37,350 and $38,000. Bitcoin Price Restarts Increase Bitcoin price found support near the $35,500....
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