Bitcoin price is consolidating above the $27,500 support. BTC could start a fresh increase unless there is a clear move and close below $27,500. Bitcoin is still holding the key $27,500 support zone. The price is trading above $27,550 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $27,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a break above the $28,000 resistance zone. Bitcoin Price Holds Support Bitcoin price started a downside correction after it failed
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Author: coinmaker