Bitcoin Price Recovers Strongly—Is a New Rally Beginning?
Bitcoin price started a recovery wave above the $96,500 zone. BTC is rising and might aim for a move above the $98,800 resistance zone. Bitcoin started a decent recovery wave above the $96,500 zone. The price is trading above $97,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $97,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,400 zone. Bitcoin Price Aims Higher Bitcoin price formed a base above the $94,500 level and started a recovery wave. BTC....
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