Bitcoin Price Resumes Upside, Why BTC Could Soon Hit New ATH

Bitcoin price is moving higher above the $71,200 resistance. BTC is showing positive signs and might soon extend gains above $72,500.Bitcoin climbed higher above $69,500 and $70,000 resistance levels.
The price is trading above $70,000 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support near $70,750 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could accelerate higher if it clears the $72,500 resistance zone.Bitcoin Price R