Bitcoin Price Retains Support: Is a Bounce Back on the Horizon?

Bitcoin price remained stable above the $58,500 support zone. BTC is struggling and could only start a steady increase if it clears $61,500. Bitcoin is struggling to rise above the $60,200 and $61,500 resistance levels. The price is trading below $61,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $58,800 on the hourly chart of the... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-support-58k-2/