Bitcoin price extended losses and traded below the $100,000 zone. BTC is struggling and might continue to move down toward the $92,000 support zone.
Bitcoin started a fresh decline from the $102,000 resistance zone.
The price is trading below $102,000 and the 100 hourly Simple moving average.
There is a key bearish trend line forming with resistance at $98,500 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 $95,500 support zone.
Bitcoin Price Dips Further
Bitcoin price failed to start another increase and extended losses below the $102,000 zone. BTC gained bearish momentum below the $100,000 and $98,000 levels.
The price even spiked below $96,500. A low was formed at $95,586 and the price is now consolidating losses. There is also a key bearish trend line forming with resistance at $98,500 on the hourly chart of the BTC/USD pair.
Bitcoin price is now trading below $102,000 and the 100 hourly Simpl
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-decline-continues-95500/
