Bitcoin Price Weekly Analysis – Can BTC/USD Make It?
Bitcoin price is currently facing a monster resistance at $800-05 against the US Dollar. Let’s see if the BTC/USD pair can break it or not. Key Points. Bitcoin price remained below a major resistance area of $800-05 against the US dollar and facing sellers. There are a couple of bullish trend lines formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, acting as a support on the downside. A break and close above the $805 level could trigger more gains in the near term. Bitcoin Price Upside Hurdle. There were mostly ranging moves in Bitcoin price against the US Dollar during the....
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