Bitcoin price gained pace and traded above $23,000. BTC is consolidating gains and might start another increase towards $23,500.
Bitcoin Price Eyes Additional Gains
Bitcoin price started a major increase above the $21,500 resistance zone. BTC gained pace and even broke the $22,000 resistance zone, similar to ethereum at $1,550.
The price surged above the $22,500 level and settled well above the 100 hourly simple moving average. It traded to a new yearly high at $23,428 and recently started a minor downside correction. There was a minor move below the $23,000 level.
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