Bitcoin Price Surges Past $18K and Now The Bulls Could Aim $19K

Bitcoin Price Surges Past $18K and Now The Bulls Could Aim $19K

Bitcoin price extended its increase and surged above $18,000. BTC is gaining pace and might rise towards the $19,000 resistance zone.


  • Bitcoin extended its rise above the $17,500 and $18,000 resistance levels.

  • The price is trading above $18,000 and the 100 hourly simple moving average.

  • There is a key bullish trend line forming with support near $17,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).

  • The pair could continue to move up towards the $19,000 resistance zone.

  • Bitcoin Price Rallies 5%


    Bitcoin price gained pace after there was a close above the $17,000 pivot zone. BTC accelerated higher above the $17,250 resistance zone to move into a positive zone, similar to ethereum.


    The price climbed above the $17,500 resistance zone to start a strong increase. The bulls even pumped the price above the $18,000 resistance zone. A high was formed near $18,367 and the price is now consolidating gains.


    Bitcoin price is trading above $18,000 ..

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