Bitcoin Price Returns To Key Resistance As The Bulls Aim For $40K

Bitcoin price trimmed all losses and climbed above $37,000. BTC is now eyeing a major upside break above the $37,750 and $38,000 resistance levels.

▪︎Bitcoin is showing positive signs and testing the $37,750 resistance.

▪︎The price is trading above $37,000 and the 100 hourly Simple moving average.

▪︎There was a break above a major bearish trend line with resistance near $37,150 on the hourly chart of the BTC/USD pair (data feed from Kraken).

▪︎The pair could start a major increase if it clears the $38,000 resistance zone.

#BTC #BitcoinRising #BTC期货 #BTC/Update:

$BTC