Bitcoin price started a fresh increase above the $52,000 resistance zone against the US Dollar. The price is now trading well above $52,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $51,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $55,000 and $56,000 levels in the near term. Bitcoin price started a fresh rally from $43,000 against the US Dollar. BTC is now back in a bullish zone above $52,000 and it is likely to climb further above $55,000. Bitcoin Price Analysis In the past few ... (full story)