Bitcoin Price Recovery Attempts Rise, But Upside Remains Challenged

Bitcoin price started a recovery wave from $86,000. BTC is slowly moving higher and might rise further if it clears $89,500.Bitcoin started a minor recovery wave from the $86,000 level.
The price is trading near $88,500 and the 100 hourly simple moving average.
There was a break above a bearish trend line with resistance at $88,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might recover if it manages to settle above $88,800 and $89,500.Bitcoin Price Attempts Rebou