Bitcoin price is recovering and trading above $29,000. BTC is slowly moving higher and the bulls might soon aim for a move toward the $30,000 resistance.
Bitcoin is attempting a recovery wave above the $28,800 resistance zone.
The price is trading above $28,800 and the 100 hourly Simple moving average.
There was a break above a key contracting triangle with resistance near $28,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rise further and revisit the $30,000 resistance zone.
Bitcoin Price Recovers Losses
Bitcoin price remained well-bid above the $28,000 support zone. BTC started a decent recovery wave above the $28,500 resistance zone. It even broke the $28,800 resistance after the Fed announced another rate hike from 5% to 5.25%.
There was a break above a key contracting triangle with resistance near $28,700 on the hourly chart of the BTC/USD pair. The pair is now trading above $28,800 and the 100 hourly Simple moving average.
Bitcoin price is cur
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-regains-strength-30k-2/
