15-05-2023 04:22 via newsbtc.com

Bitcoin Price Restarts Increase But This Resistance Is The Key

Bitcoin price is recovering higher above the $27,000 resistance. BTC must clear the $27,800 resistance to start a decent increase in the near term.Bitcoin tested the $26,000 support zone and is currently recovering higher.
The price is trading above $26,500 and the 100 hourly Simple moving average.
There was a break above a major bearish trend line with resistance near $27,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move higher if it clears the
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