27-10-2019 06:08 via newsbtc.com

Bitcoin (BTC) Price Weekly Forecast: Is This Real Bullish Break?

There was a strong rise in bitcoin price from above $8,000 and $9,000 against the US Dollar.
The price even spiked above the $10,000 resistance, but it failed to hold gains and declined.
There is a short term bullish trend line forming with support near $9,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The price could bounce back as long as it is trading above the $8,600 and $8,500 support levels.Bitcoin price is trimming gains after a sharp rally against the US Dollar. B
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