TA: Bitcoin Price Rallies Above $22K, Why Dips Turn Attractive
Bitcoin surged nearly 10% and broke the $22,000 resistance zone against the US Dollar. BTC could correct lower, but the bulls might be active near $21,250. Bitcoin jumped and broke a major hurdle near the $22,000 zone. The price is now trading above the $21,500 level and the 100 hourly simple moving average. There was a break above a key rising channel with resistance near $21,125 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls might be able to protect the $21,250 support. Bitcoin Price Starts Fresh Surge Bitcoin price formed a....
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