27-10-2022 07:20 via newsbtc.com

Bitcoin Price Grinds Higher, Why BTC Could Lift-off To $25K

Bitcoin price is gaining pace above $20,000 against the US Dollar. BTC is showing positive signs and might rise further towards $22,000 or even $25,000.Bitcoin is gaining pace above the $20,000 and $20,500 resistance levels.
The price is trading above $20,000 and the 100 hourly simple moving average.
There is a major contracting triangle forming with resistance near $20,820 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could rally again if there is a clear move above
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