Bitcoin Price Is Rising, Here’s What Could Trigger A Sharp Increase

[Google News Bot]

Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could gain bullish momentum once it clears the $20,000 resistance zone. Bitcoin remained well bid and started a decent increase above $19,500. The price is trading above $19,400 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $19,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong increase if there is a close above the $20,000 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price formed a base ab ...

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