Bitcoin Price Intraday Analysis: BTCUSD Could Attempt Breakout

in #bitcoin6 years ago

Horse-turnstiles-760x400.jpg

Bitcoin has neither dumped nor has broken its crucial resistance level since August 15.

The BTC/USD on Monday started with a bullish promise after snoozing through the whole weekend. The pair confirmed 6346-fiat as a strong support and rose 3.5 percent during the early Asian trading session. As the day progressed, bulls began to lose their grip and price started slipping, only to find itself approaching 6346-fiat again. At the time of this writing, BTC/USD has stabilized amidst 6385-6483 area.

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