Bitcoin remained strong above the $54,000 level against the US Dollar. BTC started a fresh increase and it could rally above $58,500 and $59,500.
Bitcoin started a fresh increase and it broke the $58,000 level. The price is now trading above $57,500 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $56,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher towards the $60,000 level in the near term. Bitcoin Price Gains Pace
Bitcoin price found support near the $54,000 level and started a fresh increase. BTC broke the key $57,000 resistance zone to enter again into a positive zone.
There was a break