TA: Bitcoin Eyes Fresh Increase But This Level Is The Key
-Bitcoin is struggling to gain momentum above $30,500 and $30,600.
-The price is now trading near the $30,000 level and the 100 hourly simple moving average.
-There is a key bullish trend line forming with support near $29,650 on the hourly chart of the BTC/USD pair.
-The pair could gain bullish momentum if there is a close above the $31,350 resistance.
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