Bitcoin price finally cleared the $36,000 resistance. BTC is showing positive signs and might continue to rise toward the $37,500 resistance.
Bitcoin gained pace for a move above the $36,000 resistance zone.
The price is trading above $36,000 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support near $35,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is consolidating gains and might continue to rise toward $37,500.
Bitcoin Price Spikes Higher
Bitcoin price remained well-bid above the $35,000 support zone. BTC formed a base above the $35,500 zone and finally started a decent increase. It broke the key hurdle at $36,000 to start a fresh rally.
There was a spike toward the $36,500 level. A high is formed near $36,525 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $35,100 swing low to the $36,525 high.
Bitcoin is also trading above $36,000 and
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-breaks-36k/
