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Bitcoin Price Analysis: BTC At Risk of Another Crash

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Bitcoin price started a fresh decline below the $17,200 zone against the US Dollar. The price is now trading below $17,200 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $17,180 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start another decline if it stays below the $17,350 resistance zone. Bitcoin price is struggling below $17,200 against the US Dollar. BTC might extend losses if it stays below the $17,200 and $17,350 resistance levels. Bitcoin Price Analysis Bitcoin price started a fresh
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Author: NixCoin

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kryptonew

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kryptonew
4 years ago

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