Bitcoin Price (BTC) Primed For Lift-Off Above $11K

Bitcoin price is gaining momentum and it recently traded above $10,700 against the US Dollar.
The price is currently testing the key $10,800 resistance area and it might correct a few points.
There is a new bullish trend line forming with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price remains well bid and it is likely to climb further above the $10,800 and $11,000 resistances.Bitcoin price is trading in an uptrend above $10,600 against the US Dol