Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Altcoin1998$ on April 27, 2021, 09:12:44 AM
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Bitcoin price gained pace and it cleared the $53,000 resistance zone against the US Dollar. BTC is consolidating and it seems ready for more gains above $54,000.
Bitcoin remained well bid and it was able to clear the $53,000 resistance.
The price is now trading well above $52,000 and the 100 hourly simple moving average.
There is a key contracting triangle forming with resistance near $54,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to continue higher above the $54,000 and $54,500 resistance levels.source (https://cryptonews.net/583078/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)