Even though the price of bitcoin is rising above the $27,000 resistance level, it is still below $27,800 and the 100 hourly simple moving average. On the hourly chart of the BTC/USD pair, there is a break below a significant bullish trend line with support located close to $27,900. The $28,000 region represents the next significant resistance. A player on BitStarz wins a record $2,459,124.
Bitcoin Price Corrects But Uptrend Is Still Intact and BTC Could Rally Again