Bitcoin Price Is Forming Key Trend And Swift Rally Could Occur

in tc •  last year 

Bitcoin Price Is Forming Key Trend And Swift Rally Could Occur

Bitcoin is showing positive signs and trading above the $30,800 resistance zone.
The price is trading above $30,850 and the 100 hourly Simple moving average.
There is a major bullish trend line forming with support near $30,920 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could accelerate higher if it clears the $31,400 resistance zone.

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