Bitcoin price started a fresh increase above the $107,500 zone. BTC is now struggling to clear $110,500 and might correct some gains.
Bitcoin started a fresh upward move above the $108,000 zone. The price is trading above $107,800 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $109,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh surge if it clears the $110,000 resistance zone. Bitcoin Price Corrects Gains
Bitcoin price started a fresh increase after it settled above the $105,500 support zone. BTC was able to surpass the $106,500 and $108,000 resistance levels.
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The bulls even pumped the price above the $109,200 resistance.
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