Bitcoin price started a fresh increase above the $108,000 zone. BTC is now consolidating and might start another increase if it clears $110,750
Bitcoin started a fresh upward move above the $107,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $109,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $110,750 resistance. Bitcoin Price Consolidates Gains
Bitcoin price found support near the $106,650 zone and recently started an upside correction. BTC traded above the $107,500 and $108,000 resistance levels.
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There was a move above the 50% Fib retracement level of the recent decline
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