Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term. Bitcoin is gaining bearish momentum below the $29,200 level. The price is trading below $29,500 and the 100 hourly Simple moving average. There was a break below a major bullish trend line with support near $29,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline toward the $28,200 support zone. Bitcoin Price Turns Red Bitcoin price settled below the $30,000 support zone to move into
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Author: coinmaker