Bitcoin Price Surges Toward $110K — Will It Finally Stick the Landing?

Bitcoin Price Surges Toward $110K — Will It Finally Stick the Landing?


Bitcoin price started a fresh increase from the $105,200 zone. BTC is now consolidating and might struggle to continue higher above the $110,000 resistance.

Bitcoin started a fresh increase above the $108,000 zone. The price is trading above $107,500 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $106,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $107,000 zone. Bitcoin Price Regains Traction

Bitcoin price remained supported above the $105,000 level and started a fresh increase. BTC cleared many hurdles near $106,200 to start a decent increase.

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There was a break above a bearish trend line with

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