- Posted by : Guillaume
- Category: Interesting videos
CRYPTO NEWS : Latest BITCOIN News, DOGECOIN News, RIPPLE News, MONERO News
Bitcoin is slowly rising and trading above the $9,150 level against the US Dollar. BTC is struggling to gain bullish momentum above $9,200, but there are a few bullish signs emerging on charts.
Bitcoin Price is Showing Positive Signs.
After trading close to the $9,000 level, bitcoin started an upside correction against the US Dollar. BTC managed to clear the $9,120 resistance level and the 100 hourly simple moving average.
It opened the doors for more gains and there was a break above a significant bearish trend line with resistance near $9,160 on the hourly chart of the BTC/USD pair. The pair even traded above the $9,200 resistance, but it failed to gain bullish momentum.