Bitcoin Price Targets $75K Break, Is a New Rally Incoming?
Bitcoin price started a fresh surge and cleared the $74,500 zone. BTC is consolidating and might aim for more gains above the $75,000 level.
Bitcoin managed to stay above $73,500 and started a fresh increase.
The price is trading above $74,000 and the 100 hourly simple moving average.
There is a declining channel forming with resistance at $75,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend gains if it stays above the $73,650 and $73,300 levels.
BTCUSDT
Perp
76,228
-0.24%
BNBUSDT
Perp
620.2
-0.70%