Bitcoin Price Stuck In Key Range, What Could Spark Major Move?

Bitcoin Price Stuck In Key Range, What Could Spark Major Move?


Bitcoin price managed to stay above the $60,000 support. BTC recovered and is now facing hurdles near the $63,500 resistance zone.

Bitcoin seems to be trading in a range between $60,000 and $63,500. The price is trading above $61,800 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance at $61,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally if it clears $63,500 or might revisit the range support at $60,000. Bitcoin Price Trims Gains

Bitcoin price extended its decline below the $60,800 support zone. However, the bulls were active above the $60,000 support zone. A low was formed at $60,220 and the price started a

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