Bitcoin Price Cracks $80K Resistance, Is A Bigger Surge Ahead?

Bitcoin price started a fresh increase and cleared the $80,000 zone. BTC is consolidating and might aim for more gains above the $80,500 level. Bitcoin managed to stay above $78,000 and started a fresh increase. The price is trading above $78,500 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $79,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $79,000 and $78,500 levels. Bitcoi