Bitcoin Price Builds Base — Consolidates Gains Ahead of Potential ATH Breakouts

Bitcoin price started a fresh increase and cleared the $106,500 zone. BTC is now consolidating and might aim for another increase toward $110,000 Bitcoin started a fresh upward move from the $105,000 zone. The price is trading above $106,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $106,400 on the hourly chart of the BTC/USD pair (data feed from Kraken) source: https://www.newsbtc.com/analysis/btc/bitcoin-price-builds-base-ath-breakouts/