Bitcoin price is forming a base above the $25,500 support. BTC could start a fresh increase if it clears the key $26,200 resistance zone in the near term. Bitcoin is holding the key $25,500 support zone and consolidating. The price is trading above $26,000 and the 100 hourly Simple moving average. There is a major rising channel forming with support near $25,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a recovery wave if there is a move above the $26,200 resistance. Bitcoin Price Could Soon Recover Bitcoin price is still trading
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Author: coinmaker