Bitcoin Gold Price Technical Analysis – BTG/USD Holding $220

Key PointsBitcoin gold price is holding the $210-220 support area and is currently recovering against the US Dollar.
There is a short-term ascending channel forming with resistance at $255 on the hourly chart of BTG/USD (data feed from Bitfinex).
The pair may slowly move higher, but a close above the $250-260 resistance won’t be easy.Bitcoin gold price is slowly moving higher toward $250 against the US Dollar. BTG/USD must stay above the $210-220 support area to avoid a downside break.
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