Bitcoin Price Stabilizes – Is This the Start of a Comeback?
Bitcoin price is still showing bearish signs below $112,000. BTC is now attempting to recover and might face hurdles near the $110,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $110,500 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle with resistance at $108,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $110,500 zone. Bitcoin Price Starts Consolidation Bitcoin price attempted a fresh recovery wave from the....
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