Bitcoin Price Rallies 5% But Key Breakout Resistance Is Still Intact

Bitcoin price jumped from the $40,500 support zone. BTC is up over 5% but the bears are still defending the $43,500 resistance zone. Bitcoin started a strong increase from the $40,500 support zone. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance near $41,850 on the hourly chart of the BTC/USD pair... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-rallies-43500/