22-07-2024 05:03 via newsbtc.com

Bitcoin Price Regains $68K: Can Bulls Push to $70K Next?

Bitcoin price extended gains above the $68,000 resistance level. BTC bulls seem to be in action, and they might aim for a move toward the $70,000 level.Bitcoin started a fresh increase above the $66,500 resistance zone.
The price is trading above $66,500 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $66,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend gains and trade above the $68,800 resistanc
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