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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Bitcoin price traded to a new monthly high at $13,352 before correcting lower against the US Dollar. BTC is currently trading nicely above the 100 hourly SMA and it could attempt another increase. Bitcoin is trading nicely above the $12,800 and $13,000 support levels. The price is holding gains above the 100 hourly simple moving […]
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