Bitcoin Price Holds Firm, Upside Extension Now in Trader Focus

Bitcoin price started a decent recovery wave above $88,000. BTC is now consolidating below $89,000 and might aim for a fresh increase.Bitcoin started a recovery wave above the $87,500 zone.
The price is trading above $87,500 and the 100 hourly Simple moving average.
There is a bullish trend line forming with support at $87,900 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move up if it settles above the $89,100 zone.Bitcoin Price Eyes More Gains
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