Bitcoin Price Rallies Past 30K, A Strengthening Case for Upside

Bitcoin Price Rallies Past 30K, A Strengthening Case for Upside

Bitcoin price rallied above the $28,800 resistance. BTC is up over 6% and it could rise further above the $30,500 resistance zone. Bitcoin climbed higher and was able to clear the $30,000 resistance zone. The price is trading above $30,000 and the 100 hourly Simple moving average. There was a break above a bullish continuation pattern with resistance near $28,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its increase if it clears the $30,500 resistance level. Bitcoin Price Gains Bullish Momentum Bitcoin price formed a fresh support base above....


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