Bitcoin Price Starts Technical Correction, Here’s Key Support To Watch
Bitcoin price traded above the $17,000 resistance. BTC is correcting gains and might decline towards the $16,650 support zone in the near term.Bitcoin gained pace and cleared the $17,000 and $17,200 resistance levels.The price is trading above $16,650 and the 100 hourly simple moving average.There was a break below a major bullish trend line with support near $16,980 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could correct lower towards the $16,650 and $16,500 su...
Bitcoin Price Starts Technical Correction, Here’s Key Support To Watch
Bitcoin price traded above the $17,000 resistance. BTC is correcting gains and might decline towards the $16,650 support zone in the near term.Bitcoin gained pace and cleared the $17,000 and $17,200 resistance levels.The price is trading above $16,650 and the 100 hourly simple moving average.There was a break below a major bullish trend line with support near $16,980 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could correct lower towards the $16,650 and $16,500 su...
