TA: Bitcoin Price Breaking This Confluence Resistance Could Spark Major Surge

TA: Bitcoin Price Breaking This Confluence Resistance Could Spark Major Surge


Bitcoin is moving in a positive zone above the $22,000 resistance against the US Dollar. BTC could climb higher if there is a clear move above the $22,500 resistance.

Bitcoin settled above the $21,500 and $22,000 resistance levels. The price is now trading above $22,000 and the 100 hourly simple moving average. There is a major bullish trend lien forming with support near $21,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is consolidating gains and might eye a fresh surge above the $22,500 resistance. Bitcoin Price Eyes More Upsides

Bitcoin price gained pace for a clear move above the $21,500 and $22,000 resistance levels. The price even settled above the $22,000 resistance zone and the 100

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