In the past few days, there were swing moves in bitcoin price above $35,000 against the US Dollar. BTC gained bullish momentum and broke the $38,000 resistance. It even broke the $40,000 level and the 55 simple moving average (4-hours). A new all-time high was formed near $42,000 before the price started a sharp decline. There was a drop of over $5,000. The price broke the $36,000 and $35,000 support levels.It traded close to the $30,000 level before starting a decent recovery. The price climbed above the $33,000 level and $34,000. There was a break above the 23.6% Fib retracement level of the recent decline from the ... (full story)