Bitcoin price trimmed yesterday’s losses and climbed above $26,500. BTC is now again facing strong resistance near the $27,400 zone. Bitcoin started a fresh decline after it dived toward the $25,500 support. The price is trading above $26,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance near $26,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now facing a major hurdle near the $27,400 and $27,500 levels. Bitcoin Price Revisits $27,500 Bitcoin price found support near the $25,400 zone after a major
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Author: coinmaker