Bitcoin price is moving lower below the $30,500 pivot level. BTC could decline heavily if there is a close below the $29,800 support zone in the near term. Bitcoin is moving lower below the $30,500 support zone. The price is trading below $30,500 and the 100 hourly Simple moving average. There was a break below a contracting triangle with support near $30,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline if it stays below $31,200 for a long time. Bitcoin Price Shows Bearish Signs Bitcoin price moved into the red
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Author: coinmaker