Bitcoin Price Back at Support: Can It Avoid a Breakdown?
Bitcoin price started a fresh decline below the $65,000 level. BTC is now testing the $62,850 support zone and might start another increase. Bitcoin is correcting below the $65,500 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line with resistance at $63,500 on the hourly chart of the BTC/USD pair (data feed from Kraken…
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