Bitcoin Gold Price Weekly Analysis – BTG/USD in Downtrend
Key Points
Bitcoin gold price is struggling to recover and is currently heading lower towards $180-150 against the US Dollar.
This is a major bearish trend line forming with resistance at $220 on the 4-hours chart of BTG/USD (data feed from Bitfinex).
The pair might continue to move down, but the $150 support level holds a lot of importance in the near term.
Bitcoin gold price is declining towards $150 against the US Dollar. BTG/USD must hold the $150-160 support zone to recover in the near term
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