Bitcoin price gained pace and tested the $65,000 resistance. BTC must clear $65,000 to continue higher in the near term.
Bitcoin started a steady increase above the $63,000 zone.
The price is trading above $63,500 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support at $63,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might attempt a fresh increase if it clears the $65,000 resistance zone.
Bitcoin Price Eyes More Gains
Bitcoin price remained stable above the $60,000 pivot level. BTC formed a base and started a steady increase above the $62,000 resistance zone. The price climbed above the $63,200 and $63,500 resistance levels.
Finally, the bears appeared near the $65,000 resistance zone. A high was formed at $64,950 and the price is now consolidating gains. There was a minor decline below the $64,500 level. The price tested the 23.6% Fib retracement level of the upward move from the $58,572 swing lo
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-challenge-65k/