Bitcoin price is struggling to clear the $94,500 zone. BTC is consolidating gains and might correct some gains to test the $91,200 support zone.
Bitcoin started a decent upward move above the $92,500 and $92,800 levels.
The price is trading above $92,000 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $93,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $94,500 zone.
Bitcoin Price Faces Rejection
Bitcoin price remained stable above the $88,800 level and started a fresh increase. BTC was able to climb above the $90,500 and $92,000 resistance levels.
The bulls were able to pump the price above the $93,500 resistance. It even climbed higher and retested the $94,500 resistance zone. The recent high was formed at $94,450 and the price started a consolidation phase. There was a minor decline below the 23.6% Fib retracement level of the upward mo
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-rejected-94500/
