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Bitcoin (BTC) Price Could Explode Soon: $4,000 Holds The Key

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Bitcoin price is consolidating above the $3,900 support and below $4,000 resistance. BTC/USD could start a solid upward move if it clears the $3,970 and $4,000 resistances.

  • BTC price declined recently and tested the $3,900 support level.
  • There is a key contracting triangle in place with resistance at $3,960 on the 30-minute chart.
  • The price is likely to climb higher as long as the $3,925 and $3,900 supports are intact.

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Bitcoin Price Analysis (BTC/USD)

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