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…

Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *