Bitcoin Price Stumbles at Resistance — Will the Dip Deepen?
Bitcoin price started a fresh decline below the $106,800 zone. BTC is now consolidating and facing resistance near the $106,200 zone. Bitcoin started a fresh decline below the $106,200 zone. The price is trading below $106,800 and the 100 hourly Simple moving average. There is a short-term triangle forming with support at $104,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $103,500 zone. Bitcoin Price Dips Again Bitcoin price started a fresh decline after it failed to clear the $108,800 resistance zone. BTC....
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