Bitcoin price is slowly moving higher towards the $5,300 and $5,360 resistances against the US Dollar.
The price is placed nicely in an uptrend and it could gain strength above $5,360.
Yesterday’s highlighted significant ascending channel is intact with support at $5,180 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair remains supported on dips and it is likely to trade to a new 2019 high above $5,360.
Bitcoin bulls are gaining momentum above $5,200 against the US Dollar. BTC price may continue to rise and it is likely to climb above the $5,360 and $5,400 resistance levels.
The price is placed nicely in an uptrend and it could gain strength above $5,360.
Yesterday’s highlighted significant ascending channel is intact with support at $5,180 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair remains supported on dips and it is likely to trade to a new 2019 high above $5,360.
Bitcoin bulls are gaining momentum above $5,200 against the US Dollar. BTC price may continue to rise and it is likely to climb above the $5,360 and $5,400 resistance levels.