22-04-2024 05:14 via newsbtc.com

Bitcoin Price Approaches Breakout, Can BTC Pump Above $66K?

Bitcoin price recovered and climbed above the $64,000 resistance zone. BTC is now facing hurdles near the $65,500 and $66,000 levels.Bitcoin is now struggling to gain pace for a move above the $65,500 resistance zone.
The price is trading above $64,000 and the 100 hourly Simple moving average.
There is a key contracting triangle forming with resistance at $65,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a fresh surge if it clears the $65,500 resistanc
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