Bitcoin price remained well supported above the $22,300 zone. BTC is rising and might aim a fresh increase above the $23,500 resistance zone. Bitcoin started a minor downside correction and tested the $22,400 support zone. The price is trading above $22,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $22,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh surge if it clears the $23,500 resistance zone. Bitcoin Price Eyes Another Increase Bitcoin price gained pace above the $22,500 resistance zone.Go to Source
Author: NixCoin