Bitcoin Price (BTC/USD) Holding Key Support But Lacks Momentum
Bitcoin price is currently consolidating above the key $9,300 support area against the US Dollar.
The price is facing a few key resistances near the $9,500, $9,600 and $9,650 levels.
There is a connecting bearish trend line forming with resistance near $9,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price start a decent recovery as long as there is no downside break below the $9,300 support.After bearish moves, bitcoin price started consolidating above $9,300 against
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