Bitcoin (BTC) Price Weekly Forecast: Risk Of Additional Losses
There was a fresh decrease initiated in bitcoin from the $10,400 resistance against the US Dollar.
The price is currently trading below the $10,100 support area, with a bearish angle.
There was a break below a crucial contacting triangle with support near $10,010 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The price is likely to extend its decline and it may soon revisit the $9,650 and $9,500 supports.Bitcoin price is trading with a bearish bias below $10,400 against the U
Read more »