Bitcoin price started a strong increase above the $11,830 and $12,000 resistance levels against the US Dollar. The price is now trading well above the $12,000 support and the 55 SMA (H4). There was a break above a crucial contracting triangle with resistance near $11,520 on the 4-hours chart of the BTC/USD pair (data feed...The post Bitcoin Price Analysis: BTC Rallies Above Key $12K appeared first on Live Bitcoin News.