Bitcoin Price Finds Support—But Can It Power Through $90K?
Bitcoin price remained supported above the $85,500 zone. BTC is now rising and might aim for a move above the $88,000 resistance zone. Bitcoin started a fresh recovery wave above the $87,000 zone. The price is trading above $87,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $88,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $88,000 and $88,200 levels. Bitcoin Price Remains Supported Bitcoin price remained stable above the $85,500 level. BTC formed a base....
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