2018-7-15 15:32 |
Bitcoin price is preparing for the next move above $6,300 against the US Dollar.
Bitcoin Price Resistances This past week, there was a sharp downward move from well above $6,750 in bitcoin price against the US Dollar.
The BTC/USD pair topped near the $6,840 level and declined below the $6,450 support area.
More importantly, there is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair.
Above the triangle resistance, there is a crucial resistance near $6,440, which is near the 100 SMA.
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