Bitcoin is consolidating above the $19,500 support against the US Dollar. BTC could start a major increase considering the recent rise in ether.
- Bitcoin is still trading in range near the $20,000 zone and below the $20,500 resistance.
- The price is now trading below the $20,000 level and the 100 hourly simple moving average.
- There is a key bullish trend line forming with support near $19,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The…
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