Bitcoin Price Reclaims $60K: Is The Rally Resuming?

cryptostudent.io 1 miesiąc temu
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Bitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term.
Bitcoin started a decent increase above the $56,500 and $58,250 levels.
The price is trading above $60,000 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might eye more upsides above the $62,500 resistance zone.
Bitcoin Price Could Extend Gains
Bitcoin price started a decent increase above the $55,500 resistance zone. BTC was able to clear the $56,500 and $58,250 resistance levels to move into a positive zone.
The bulls even pumped the price above the $60,000 resistance. The price is up over 10% and the recent high was formed at $62,700. The price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $54,556 swing low to the $62,700 high.
Bitcoin price is now trading

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We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-reclaims-60k/

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