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BTC Remains Supported For More Upsides
Bitcoin price started a fresh increase from the $22,650 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $23,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,350 support zone. Bitcoin price started a fresh increase from the $23,650 support zone. A base was formed and the price climbed higher above the $23,000 resistance zone. The bulls pushed the price above the $23,100 resistance and the 55 simple moving ... (full story)