25-02-2018 07:58 via newsbtc.com

Bitcoin Price Weekly Analysis – Can BTC/USD Hold $9,000?

Key PointsBitcoin price declined this past week and moved below the $10,000 level against the US Dollar.
There was a break below a major bullish trend line with support at $10,350 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX).
The pair must stay above the $9,300 and $9,000 support levels to avoid further declines in the near term.Bitcoin price is under pressure below the $10,000 level against the US Dollar. BTC/USD remains at a risk of more declines if the pair fails to hold
Read more »