Bitcoin Dips but Holds Strong: Bullish Momentum Intact

Bitcoin price started a downside correction from the $72,000 zone. BTC is now consolidating near $70,000 and might eye another increase in the near term.Bitcoin struggled above the $71,800 resistance zone.
The price is trading above $69,000 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase unless there is a move below $68,800.Bitcoin Pri