Bitcoin Price Watch: BTC/USD Buyers Losing Grip Below $6,520
Key PointsBitcoin price revered yesterday’s gains and traded below the $6,500 support against the US Dollar.
There is a short-term ascending channel in place with support at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price could dip towards the $6,340 or $6,320 support before moving back higher.Bitcoin price is struggling to gain momentum above $6,500 against the US Dollar. BTC/USD could correct a few points before a fresh upward move.
Bitcoin Price Analysi
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