<ul><li>Bitcoin price started a fresh increase above the $62,000 resistance zone. BTC is now consolidating and might aim for more upsides above $63,000.</li><li>Bitcoin is struggling to start a fresh increase above the $63,200 zone.</li><li>The price is trading above $61,500 and the 100 hourly Simple Moving Average.</li><li>There is a short-term declining channel forming with resistance at $63,000 on the hourly chart of the BTC/USD pair.</li></ul>

Bitcoin Price Restarts Its Climb: Is The Rally Back On?

Discover more