Bitcoin Price Reclaims $65,000 With Conviction—Is A Bigger Rally Next?

Bitcoin price started a fresh increase and cleared the $64,500 zone. BTC is consolidating and might aim for more gains above the $66,200 level. Bitcoin managed to stay above $62,500 and started a fresh increase. The price is trading above $64,500 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $65,500 and $66,200 levels. Bitcoin Price Regains Strength Bitcoin price found support near $60,800 and started a fresh increase. BTC gained pace for a move above the $61,500 and $63,200 resistance levels. The bulls even pushed the price above $64,500. A high was formed at $65,847, and the price started a cons...