Bitcoin price started a fresh increase above the $27,500 zone against the US Dollar. The price is now trading above $27,400 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $28,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could ... The post Bitcoin Price Analysis: BTC Faces Key Resistance Near $28.5K appeared first on Live Bitcoin News .
