Bitcoin price is attempting a fresh increase from the $29,800 zone against the US Dollar. The price is now trading above $30,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $30,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The The post Bitcoin Price Analysis: BTC Could Restart Rally Above This Resistance appeared first on Live Bitcoin News .