Bitcoin Price Tries Rebound Move as Dip-Buyers Step In Cautiously
Bitcoin price started another decline below $88,000. BTC is now attempting to recover and might face hurdles near the $89,500 zone. Bitcoin started a fresh decline below $90,000 and $88,000. The price is trading below $89,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $89,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $85,000 zone. Bitcoin Price Attempts Recovery Bitcoin price failed to stay in a positive zone above the $90,000 level. BTC bears remained....
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