Bitcoin Price Advances Cautiously, Bulls Probe for Upside Control
Bitcoin price found support and started a recovery wave above $88,000. BTC is now rising and might attempt to surpass the $89,000 resistance.Bitcoin started a recovery wave above the $88,000 zone.
The price is trading above $88,000 and the 100 hourly Simple moving average.
There is a bearish trend line forming with resistance at $88,750 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move up if it trades above the $89,500 zone.Bitcoin Price Faces Resis
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