Bitcoin Price Rally Roars On — $76K Level Falls to Bulls
Bitcoin price started a strong increase above the $75,000 zone. BTC is now consolidating and might aim for more gains if it clears $76,000. Bitcoin started a decent upward move above the $74,000 zone. The price is trading above $74,200 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $71,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to rise if it clears the $75,500 and $76,000 levels. Bitcoin Price Extends Rally Bitcoin price remained supported and extended its increase above the $72,500 level.....
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