$BTC

Bitcoin price started a fresh increase above the $106,000 zone. BTC is now consolidating and might attempt to clear the $110,500 resistance.

Bitcoin started a fresh upward move above the $107,000 zone.

The price is trading above $107,000 and the 100 hourly Simple moving average.

There is a bullish trend line forming with support at $106,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair could start a fresh decline if it breaks the $105,000 support zone.