Bitcoin Price Aims Higher, Why BTC Could Surge Past $25K

Bitcoin is gaining bullish momentum above $24,500 against the US Dollar. BTC could gain bullish momentum if it clears the $25,000 resistance zone.

  • Bitcoin started a fresh increase above the $24,200 resistance zone.
  • The price is now trading above the $24,000 level and the 100 hourly simple moving average.
  • There is a key bullish trend line forming with support near $24,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could gain bullish momentum if there is a…

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