Bitcoin price is struggling to clear the $100,000 resistance zone. BTC is again moving lower and might decline toward the $95,000 support.
Bitcoin started a fresh decline from the $98,500 zone.
The price is trading below $97,000 and the 100 hourly Simple moving average.
There was a break below a major bullish trend line with support at $97,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it stays above the $96,000 zone.
Bitcoin Price Dips Again
Bitcoin price remained in a range above the $95,000 support level. BTC started a decent increase above the $97,000 level, but it failed to clear the $98,800 resistance zone.
A high was formed at $98,826 and the price is now moving lower. There was a move below the $97,000 and $96,500 support levels. The price dipped below the 50% Fib retracement level of the upward move from the $95,352 swing low to the $98,826 high.
There was also a break below a major bullish trend lin
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-falls-short-98k/
