Bitcoin price struggled near $107,000 and corrected gains. BTC is now approaching $100,000 and might find bids in the near term.
Bitcoin started a downside correction from the $107,000 zone.
The price is trading below $103,500 and the 100 hourly Simple moving average.
There was a break below a connecting bullish trend line with support at $104,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it stays above the $100,000 support zone.
Bitcoin Price Dips Again
Bitcoin price started a decent upward move above the $105,500 zone. BTC was able to climb above the $106,000 and $106,500 levels.
The bulls even pushed the price above the $107,000 level. However, the bears were active above the $107,000 zone. A high was formed at $107,080 and the price is now correcting gains. There was a move below the $105,000 level.
Besides, there was a break below a connecting bullish trend line with support at $104,800 on the hourly char
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-dips-100k/
