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Bitcoin price is correcting lower from the $27,400 resistance. BTC could start a fresh increase if it is able to clear the $26,600 resistance zone. Bitcoin started a fresh decline after it failed to clear the $27,400 resistance. The price is trading below $26,600 and the 100 hourly Simple moving average. There is a key declining channel forming with resistance near $26,580 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt a fresh increase if it clears the $26,580 and $26,600 levels. Bitcoin Price Holds Support Bitcoin price was able to climb back

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Author: coinmaker

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