15-07-2018 08:30 via newsbtc.com

Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

Key PointsBitcoin price formed a decent support near $6,050 and recovered against the US Dollar.
There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels.Bitcoin price is preparing for the next move above $6,300 against the US Dollar. BTC/USD could trade higher if buyers succeed in pushing the price above $6,450.
Bitcoin Price Resistances
This past
Read more »