Bitcoin Gold Price Technical Analysis – BTG/USD Struggles To Recover
Key Points
Bitcoin gold price failed to move above the $280 level and extended declines against the US Dollar.
Yesterday’s highlighted connecting bearish trend line with current resistance at $225 is intact on the hourly chart of BTG/USD (data feed from Bitfinex).
The price is struggling to gain traction and might test the $180 support area in the near term.
Bitcoin gold price failed to break $300 against the US Dollar. BTG/USD is now under pressure and it might decline towards $200-180.
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