Bitcoin Gold Price Technical Analysis – BTG/USD Bears in Control

Key Points
Bitcoin gold price tumbled recently and moved below the $250 support against the US Dollar.
There is a major bearish trend line in place with resistance at $255 on the hourly chart of BTG/USD (data feed from Bitfinex).
The price is currently correcting higher, but upsides remain capped by the $255-260 resistance zone.
Bitcoin gold price is facing selling pressure around $260 against the US Dollar. BTG/USD might remain in a downtrend towards $200.
Bitcoin Gold Price Decline
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