Bitcoin price is gaining pace above the $26,700 resistance. BTC is consolidating above $26,800 and might continue to rise above the $27,200 resistance.
Bitcoin gained pace above the $26,500 and $26,700 resistance levels.
The price is trading above $26,700 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support near $26,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could accelerate higher above the $27,200 resistance zone.
Bitcoin Price Aims Higher
Bitcoin price remained stable above the $26,000 support zone. BTC formed a base and started a steady increase above the $26,500 resistance zone.
The bulls finally managed to pump the price above the $26,700 resistance. It even spiked above the $27,200 level. A high is formed near $27,312 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $26,100 swing low to the $27,312 high.
Bitcoin is tr
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-breaks-higher-27200/
