24-09-2019 08:00 via newsbtc.com

Bitcoin Price (BTC) Breakdown Looks Real, More Downsides Incoming?

Bitcoin price is under pressure and it recently broke the $9,800 support area against the US Dollar.
The price is currently consolidating losses below $9,800 and it remains at a risk of more downsides.
There was a break below yesterday’s highlighted contracting triangle with resistance near $9,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price could correct higher, but upsides are likely to remain capped near $9,850 and $9,950.Bitcoin price is showing bearish s
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