The price of Bitcoin stabilized above $84,200 and rose again. BTC broke the barrier of $85,500 and $86,200.

The bulls pushed the price beyond the barrier of $88,000. It rose and tested the resistance of $88,800. The price is consolidating gains above the 23.6% Fibonacci retracement line of the upward run from the low of $86,400 to the high of $88,800.

Bitcoin is above $87,500 and the 100-hour SMA. In the hourly BTC/USD chart, a positive trend line connects with support at $87,300 $BTC