Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term.
Bitcoin started a fresh downside correction from the $66,000 resistance zone.
The price is trading below $64,500 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support at $64,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might gain bearish momentum if it dives below the $62,500 support zone.
Bitcoin Price Dips Again, Can Bulls Defend More Losses?
Bitcoin price failed to extend gains above the $65,500 and $66,000 resistance levels. BTC started a downside correction and traded below the $65,000 level.
There was a break below a key bullish trend line with support at $64,500 on the hourly chart of the BTC/USD pair. The bears pushed the price below the $64,000 level. A low is formed at $63,225 and the price is consolidating losses.
It is testing the 23.6% Fib retrace
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-downside-63k/
