Bitcoin price started a fresh increase and cleared the $74,650 zone. BTC is consolidating and might aim for more gains above the $75,500 level.
Bitcoin managed to stay above $73,500 and started a fresh increase.
The price is trading above $74,200 and the 100 hourly simple moving average.
There was a break above a bearish trend line with resistance at $74,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend gains if it stays above the $73,650 and $73,300 levels.
Bitcoin Price Eyes Upside Break
Bitcoin price found support near $73,200 and started a fresh increase. BTC gained pace for a move above the $73,650 and $74,000 resistance levels.
There was a break above a bearish trend line with resistance at $74,800 on the hourly chart of the BTC/USD pair. A high was formed at $75,500, and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $73,310 swing low to the $75,500 high
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-builds-strength-75k/
