29-11-2017 09:00 via newsbtc.com

Bitcoin Gold Price Technical Analysis – BTG/USD Starts Major Correction

Key Points
Bitcoin gold price has started a downside move and traded below the $350 support against the US Dollar.
This are two bearish trend lines forming with resistance at $330 and $335 on the hourly chart of BTG/USD (data feed from Bitfinex).
The price might continue to move down and it could even test the $280 support area in the near term.
Bitcoin gold price is under pressure below $350 against the US Dollar. BTG/USD might extend declines and poised to test the $300-280 support area.
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