Bitcoin price is struggling to recover above the $26,650 resistance. BTC might start another decline if it stays below the $26,650 resistance zone. Bitcoin is consolidating below the $26,600 and $26,650 resistance levels. The price is trading below $26,650 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance near $26,640 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could recover if there is a clear move above the $26,650 resistance. Bitcoin Price Faces Hurdle Bitcoin price remained in a bearish zone below the $27,500 resistance zone.
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Author: coinmaker