Bitcoin Price Surges To New Peak – What Could Fuel The Next Leg Up?
Bitcoin price started a strong increase and traded above $126,000. BTC is now consolidating gains and might aim for more gains in the short term. Bitcoin started a major increase above the $125,000 zone. The price is trading above $124,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $124,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $125,500 zone. Bitcoin Price Sets New ATH Bitcoin price managed to stay above the $122,000 zone and started a fresh....
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