Bitcoin price started a fresh decline below the $27,500 support. BTC is now showing a lot of bearish signs below the $27,400 pivot level. Bitcoin started a fresh decline and tumbled below the key $27,500 support zone. The price is trading below $27,550 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance near $27,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but upsides might be limited above the $27,500 resistance. Bitcoin Price Drops Again Bitcoin price failed to start a fresh increase
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Author: coinmaker