Bitcoin Price Weekly Analysis –BTC/USD Under Bearish Pressure

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Key Points Bitcoin price recovered a few points recently against the US Dollar, but later found resistance near $590. There was a crucial contracting triangle pattern formed on the hourly chart (data feed from SimpleFX) of BTC/USD, which was cleared by sellers for a downside move. An hourly close below it could ignite further losses … Continue reading Bitcoin Price Weekly Analysis –BTC/USD Under Bearish Pressure

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