14-06-2021 05:08 via newsbtc.com

TA: Bitcoin Prints Bullish Pattern, Why Dips Turn Attractive For BTC

Bitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000.Bitcoin started a fresh increase above the $38,000 and $38,500 resistance levels.
The price is currently well above $38,000 and the 100 hourly simple moving average.
There was a break above a major declining channel with resistance near $36,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could correct lowe
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