Bitcoin Price Analysis: BTC/USD Primed For More Losses
Bitcoin price declined below the main $6,360 support against the US Dollar. BTC/USD is currently in a downtrend and it could accelerate declines towards $6,110. Important Points: Bitcoin price moved into a bearish zone after it broke the $6,390 and $6,360 supports. BTC/USD declined below an important triangle support at $6,360 on the 4-hours chart.
Bitcoin price declined below the main $6,360 support against the US Dollar. BTC/USD is currently in a downtrend and it could accelerate declines towards $6,110. Important Points: Bitcoin price moved into a bearish zone after it broke the $6,390 and $6,360 supports. BTC/USD declined below an important triangle support at $6,360 on the 4-hours chart.