Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $28K
Bitcoin price is struggling to clear the $27,500 resistance zone. BTC is sliding and there could be a sharp decline toward $25,550 in the coming sessions.Bitcoin is still struggling to stay above the $27,000 support zone.
The price is trading below $27,200 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support near $27,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could revisit the $26,550 support and might continue
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