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Bitcoin price is surging above $28,000. BTC is up nearly 8% and there are chances of a move toward the $30,000 resistance zone. Bitcoin is gaining pace above the $27,000 resistance. The price is trading above $27,500 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support near $27,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise further if it clears the $29,000 and $29,200 resistance levels. Bitcoin Price Rallies Above $28K Bitcoin price formed a strong support base above the $26,000 pivot level. BTC

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Author: coinmaker