23-04-2024 05:07 via newsbtc.com

Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term

Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500.Bitcoin gained pace for a move above the $65,500 resistance zone.
The price is trading above $65,500 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support at $65,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could correct lower, but the bulls might remain active near the $65
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