Bitcoin Price Watch: BTC/USD Buyers Facing Uphill Task
Key PointsBitcoin price struggled to break the $4,120 resistance area and declined against the US Dollar.
Yesterday’s highlighted crucial bearish trend line is active with resistance at $3,900 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price is likely to struggle to clear the $3,900 and $4,000 resistance levels in the near term.Bitcoin price remained below the $4,000 barrier against the US Dollar. BTC/USD could decline below $3,600 if it fails to move above the $4
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