Bitcoin Price Smacks $12.5K, BTC’s Bullish Acceleration Could Continue

There was a sharp increase in bitcoin price above the $11,800 and $12,000 resistances against the US Dollar.
The price surged above $12,200 and even traded to a new 2019 high near $12,500.
There are two key bullish trend lines forming with support near $12,000 and $11,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair remains in a strong uptrend and it could even climb above $12,550 and $12,750.Bitcoin price surged above the main $12,000 resistance against the US Doll