Bitcoin price is consolidating above the $95,000 support zone. BTC is struggling and might extend losses if it stays below the $100,000 level.
Bitcoin started a fresh decline from the $98,500 resistance zone.
The price is trading below $96,500 and the 100 hourly Simple moving average.
There was a break below a connecting bullish trend line with support at $96,670 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $97,600 zone.
Bitcoin Price Dips Again
Bitcoin price failed to continue higher above the $100,000 zone. It started another decline below the $96,500 zone. BTC gained bearish momentum for a move below the $96,000 and $95,500 levels.
There was a break below a connecting bullish trend line with support at $96,670 on the hourly chart of the BTC/USD pair. The price tested the $95,000 zone and recently recovered some losses. There was a move above the $95,750 level.
The price surpassed the 23.6% Fib
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-stuck-below-100k/
