Bitcoin Price Regains Strength – Why BTC Could Still Remain In Range Before 2024

Bitcoin Price Regains Strength – Why BTC Could Still Remain In Range Before 2024

Bitcoin price found support and started a decent increase above $43,000. BTC is rising, but it might struggle to clear the $44,300 and $44,500 resistance levels.


  • Bitcoin tested the $41,650 zone an started a fresh increase.

  • The price is trading above $43,000 and the 100 hourly Simple moving average.

  • There was a break above a connecting bearish trend line with resistance near $43,350 on the hourly chart of the BTC/USD pair (data feed from Kraken).

  • The pair could continue to move surge toward the main resistance at $44,300.

  • Bitcoin Price Restarts Increase


    Bitcoin price was able to find bids above the $41,500 level. BTC formed a base and recently started a fresh increase from the $41,637 low. There was a steady increase above the $42,500 resistance zone.


    There was a break above a connecting bearish trend line with resistance near $43,350 on the hourly chart of the BTC/USD pair. The pair even climbed above the 61.8% Fib ..

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