21-06-2022 05:08 via newsbtc.com

TA: Bitcoin Consolidates Near Key Juncture, Can The Bulls Make It

Bitcoin is struggling near the $21,000 resistance zone against the US Dollar. BTC could rally if it clears the $20,900 and $21,000 resistance levels.Bitcoin is showing a few positive signs above the $20,000 support.
The price is now still above the $20,000 level and the 100 hourly simple moving average.
There is a connecting bullish trend line forming with support near $20,275 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a fresh decline if it stays below
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