Bitcoin Gold Price Technical Analysis – Can BTG/USD Stay Above $250?

Key Points
Bitcoin gold price is currently under a correction and is holding the $260 support against the US Dollar.
There is a major bullish trend line forming with support at $265 on the hourly chart of BTG/USD (data feed from Bitfinex).
The pair must stay above the $260 and $265 support levels to bounce back in the near term.
Bitcoin gold price is currently correcting lower against the US Dollar. BTG/USD must hold $260 and the 100 hourly SMA to trade back above $300.
Bitcoin Gold Price Trend