Bitcoin Price Consolidates Gains — Is a Breakout Brewing in the Range?

Bitcoin price started a fresh increase above the $108,000 zone. BTC is now consolidating gains and might aim for a move above $110,750 Bitcoin started a fresh upward move above the $108,000 zone. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $108,800 on the hourly chart of the BTC/USD pair (data feed from Kraken) source: https://www.newsbtc.com/analysis/btc/bitcoin-price-consolidates-108k/