Bitcoin Price Hesitates, But Further Gains Seem Likely Toward $30K

Bitcoin Price Hesitates, But Further Gains Seem Likely Toward $30K

Bitcoin price is attempting a fresh increase above $28,500. BTC is eyeing another upside break toward the $30,000 resistance in the near term. Bitcoin found support near $28,150 and started a fresh increase. The price is trading above $28,500 and the 100 hourly Simple moving average. There is a key rising channel forming with resistance near $29,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if there is a close above the $29,000 resistance. Bitcoin Price Eyes Upside Break Bitcoin price struggled below the $29,000 level. BTC even traded....


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