16-07-2024 04:37 via newsbtc.com

Bitcoin Price Picks Up Pace: Can It Break Above $65K?

Bitcoin price gained over 10% and broke the $64,000 resistance level. BTC is showing positive signs and might attempt to move above the $65,000 level.Bitcoin gained bullish momentum above the $63,500 resistance zone.
The price is trading above $63,500 and the 100 hourly Simple moving average.
There is a major 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 continue to move up if it breaks the $65,000 resistance.Bi
Read more »