26-05-2022 05:08 via newsbtc.com

TA: Bitcoin Price Remains In Range, Why The Bulls Need To Take Control

Bitcoin retested the key $28,500 support zone against the US Dollar. BTC is rising and the bulls might aim a clear move above the $30,600 resistance.Bitcoin is trading in a major range below the $30,600 resistance zone.
The price is now trading near the $29,800 level and the 100 hourly simple moving average.
There is a crucial bearish trend line forming with resistance near $29,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could gain pace if there is a clear move
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