Bitcoin price is moving higher above the $92,500 zone. BTC is gaining pace and might continue higher above the $94,000 zone in the near term.
Bitcoin found support at $88,000 and started a decent upward move.
The price is trading above $90,500 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $90,150 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $94,000 zone.
Bitcoin Price Gains Over 10%
Bitcoin price remained stable above the $85,000 level and started a fresh increase. BTC was able to climb above the $88,000 and $90,000 resistance levels.
The bulls were able to pump the price above the $92,000 resistance. It even spiked and tested the $94,000 resistance zone. A high is formed near $93,888 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $86,400 swing low to the $93,888 high.
Bitcoin price
We współpracy z: https://www.newsbtc.com/analysis/btc/crypto-comeback-bitcoin-surges-92k/
