Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?
Bitcoin price started a fresh increase and cleared the $103,500 zone. BTC is now consolidating and might aim to clear the $105,000 zone. Bitcoin started a fresh upward move from the $101,500 zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $103,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $105,000 resistance. Bitcoin Price Aims Higher Bitcoin price started a fresh increase from the $101,500 support zone.....
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