14-06-2018 10:00 via newsbtc.com

Bitcoin Price Watch: Can BTC/USD Break 100 SMA?

Key PointsBitcoin price formed a decent support near the $6,130 level and recovered against the US Dollar.
The BTC/USD pair is currently attempting to break a key bearish trend line with resistance at $6,450 on the hourly chart (data feed from Kraken).
The pair may correct higher further, but it is likely to face barriers near $6,600 and the 100 hourly simple moving average.Bitcoin price formed a base above $6,100 against the US Dollar. BTC/USD is recovering, and it could trade higher, but upsid
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