04-10-2022 05:38 via newsbtc.com

TA: Bitcoin Price Close Below $20K Could Spark Larger Degree Increase

Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could start a steady increase if there is a close above $19,600 and $20,000.Bitcoin remained well bid above the $19,200 and $19,000 support levels.
The price is trading above $19,400 and the 100 hourly simple moving average.
There is a key bullish trend line forming with support near $19,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a steady increase if there is a clear move
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