Bitcoin Technicals Suggest Bulls Likely To Target Fresh High above $13.5K

Bitcoin price is trading nicely above the $13,000 resistance zone against the US Dollar. BTC is showing positive signs and likely gearing for more upsides above $13,200 and $13,500. Bitcoin successfully cleared the $12,800 and $13,000 resistance levels. The price is now trading nicely above the $13,000 handle and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $13,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise above the $13,200 and $13,250…