Bitcoin Price Consolidates: Is Another Pump on the Horizon?
Bitcoin price remained below the $68,500 resistance zone. BTC is consolidating its gains and might aim for a fresh upward move in the near term.Bitcoin started a consolidation phase below the $68,500 resistance zone.
The price is trading above $66,800 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support at $62,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend gains and trade above the $68,500 resistance zone.Bit
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