#Bitcoin Update (Continue) Bitcoin price is currently trading below $23,200 and its 100 hourly simple moving average. There is a strong resistance near the $23,250 zone. A key rising channel is forming with support near $23,000 on the hourly chart. The next major resistance is near the $23,250 zone. A clear move above the $23,250 resistance could result in the price rising towards the $23,650 level. 6 views13:25