Bitcoin Price (BTC) Jumps 10%: Road To $12K Now Wide Open

Bitcoin price rallied recently above the key $10,000 resistance area against the US Dollar.
The price is currently trading well above the $10,600 level and it could continue to climb in the near term.
There is a key bullish trend line forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to rally further above the $11,000 mark to register a solid uptrend.Bitcoin price gained more than 10% in the past 24 hours and broke $10K against