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Bitcoin Bounces Back – Could Current Recovery Trigger Fresh Bullish Momentum?
['Aayush Jindal', 'Scott Matherson', 'Opeyemi Sule', 'Christian Encila', 'Lars Diederiksen']
NewsBTC
Bitcoin price found support near $108,680 and started a recovery wave.
BTC is trading above $111,000 and facing hurdles near $112,500.
The pair might continue to move up if it clears the $112,500 zone.
BTC settled above the $109,500 resistance zone to start the current move.
If Bitcoin fails to rise above the $112,500 resistance zone, it could start a fresh decline.