Bitcoin price started a fresh increase after XRP’s massive rally. BTC is trading above $31,400 and might rally if there is a close above $32,000. Bitcoin is moving higher above the $31,000 and $31,400 resistance levels. The price is trading above $31,000 and the 100 hourly Simple moving average. There was a break above a key contracting triangle with resistance near $30,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a close above $32,000. Bitcoin Price Starts Fresh Increase Bitcoin price was able to clear the $30,500
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Author: coinmaker