Bitcoin Price Hits Barriers, Can Bulls Overcome Key Resistance Levels?

Bitcoin Price Hits Barriers, Can Bulls Overcome Key Resistance Levels?

Bitcoin price started a recovery wave above $70,000. BTC is now consolidating above $70,200 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,800 and $70,200. The price is trading above $70,200 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $70,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $71,000 and $71,650 levels. Bitcoin Price Faces Hurdles Bitcoin price started a recovery wave above the $69,5500....


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