Bitcoin Price Key Indicators Suggest A Strengthening Case For Rally To $32K

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Bitcoin price is still struggling to clear the $31,000 resistance. BTC is showing strength and might soon rally toward the $32,000 resistance. Bitcoin is trading in a range below the $31,000 resistance zone. The price is trading above $30,400 and the 100 hourly Simple moving average. There was a break above a key declining channel with resistance near $30,210 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $30,750 resistance zone. Bitcoin Price Aims Higher Bitcoin price corrected lower below the $30,500 support zone. BTC even spiked

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Author: coinmaker

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