19-02-2024 04:05 via newsbtc.com

Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

Bitcoin price is attempting a fresh increase above the $52,000 resistance. BTC must clear the $52,800 resistance to continue higher in the near term.Bitcoin price is gaining pace above the $52,800 resistance zone.
The price is trading above $52,000 and the 100 hourly Simple moving average.
There was a break above a key bearish trend line with resistance at $51,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move up if it clears the $52,800 resistan
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