Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K
Bitcoin price is showing bearish signs below the $28,000 zone. BTC must clear $28,000 to avoid more losses in the coming sessions.Bitcoin struggled to gain pace above the $28,000 resistance zone.
The price is trading below $27,800 and the 100 hourly Simple moving average.
There is a connecting bearish trend line forming with resistance near $27,650 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a decent recovery wave if there is a close above $28,000.Bitcoi
Read more »