Bitcoin Price Climbs Back to $100K: Is This Just the Beginning?

Bitcoin price started a fresh upward move above the $98,000 zone. BTC is trimming losses but might struggle to settle above the $103,000 zone. Bitcoin started a fresh upward move above the $100,000 level. The price is trading above $99,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 zone. Bitcoin Price Reclaims $100,000…