Bitcoin Price Aims Fresh Increase To $31K, This Support Is The Key

Bitcoin price failed to surpass $31,800 and corrected most of its gains. BTC is now attempting a fresh increase from the $29,950 support zone.Bitcoin is consolidating losses above the $30,000 support zone.
The price is trading below $30,500 and the 100 hourly Simple moving average.
There is a key bearish trend line forming with resistance near $30,320 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could gain bullish momentum if there is a close above $30,400.Bitcoin Pr