Bitcoin price started a fresh increase above the $29,000 resistance. BTC could rally if there is a clear move above the $30,000 resistance.
Bitcoin is moving higher above the $28,800 and $29,000 resistance levels.
The price is trading above $28,800 and the 100 hourly Simple moving average.
There is a major contracting triangle forming with support near $29,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to rise if it clears the $29,800 and $30,000 resistance levels.
Bitcoin Price Extends Its Increase
Bitcoin price remained strong above the $28,000 support zone. BTC bulls were active and were able to pump the price above the $28,500 resistance zone.
There was a steady increase above the $28,800 and $29,000 resistance levels. The price traded close to the $30,000 resistance zone. A high is formed near $29,882 and the price is now consolidating gains. Bitcoin is trading above $28,800 and the 100 hourly Simple moving average.
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We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-bulls-keep-pushing-30k/
