Bitcoin price is consolidating above the $25,500 level. BTC could start a decent increase if there is a close above the $27,000 resistance.
Bitcoin is struggling to clear the $26,500 resistance zone.
The price is trading near $26,100 and the 100 hourly Simple moving average.
There was a break below a connecting bullish trend line with support near $26,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to trade in a range before the next major move.
Bitcoin Price Slides Again
Bitcoin price started a recovery wave above the $26,250 resistance level. BTC even cleared the $26,500 level but the bears were active near the $26,750 zone.
A high was formed near $26,779 and the price started a fresh decline. There was a move below the $26,500 level. The price declined below the 50% Fib retracement level of the recovery move from the $25,360 swing low to the $26,779 high.
Besides, there was a break below a connecting bullish trend line with support near $
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-range-26000/
