Bitcoin Price is About to See “Liftoff” if It’s Able to Hold One Crucial Level
Bitcoin price is consolidating above the $28,000 support. BTC could gain bullish momentum if it clears the $28,550 resistance zone. Bitcoin started a consolidation phase below the $28,500 level. The price is trading above $27,800 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance near $28,500 on the hourly chart of the BTC/USD pair (data feed from Kraken…
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