25-10-2023 06:01 via newsbtc.com

Bitcoin Bulls Take Back Seat But Here’s Why Dips Are Still Attractive

Bitcoin price started a downside correction from the $35,000 resistance. BTC could start a fresh increase unless there is a move below $32,800.Bitcoin rallied toward the $35,000 resistance before the bears appeared.
The price is trading above $33,200 and the 100 hourly Simple moving average.
There is a key breakout pattern forming with resistance near $34,050 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could correct lower toward the $33,000 zone before it starts a f
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