Bitcoin Price Rallies 5% But Key Breakout Resistance Is Still Intact
Bitcoin price jumped from the $40,500 support zone. BTC is up over 5% but the bears are still defending the $43,500 resistance zone. Bitcoin started a strong increase from the $40,500 support zone. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend…
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