[[{“value”:”Bitcoin price is consolidating near the $57,500 zone. BTC could gain bullish momentum if it clears the $58,000 resistance zone in the near term.
Bitcoin started a recovery wave above the $55,500 and $56,500 levels.
The price is trading above $57,000 and the 100 hourly Simple moving average.
There was a break above a key bearish trend line with resistance at $56,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might struggle to clear the $58,250 resistance zone.
Bitcoin Price Could Continue Higher
Bitcoin price started a recovery wave above the $53,500 resistance zone. BTC was able to clear the $55,500 and $56,500 resistance levels to move into a short-term positive zone.
There was a move above the 61.8% Fib retracement level of the key drop from the $61,040 swing high to the $49,110 swing low. Besides, there was a break above a key bearish trend line with resistance at $56,850 on the hourly chart of the BTC/USD pair.
The bulls are now attemptin
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-upsides-58k/
