Bitcoin (BTC) Price Could Test $6,500 Before Strong Correction

There were heavy gains in bitcoin price above the $5,500 pivot and resistance level against the US Dollar. The price rallied above the $5,700 and $5,800 resistance before there was a minor downside correction. There is a key connecting bullish trend line in place with support at $5,610 on the 4-hours chart of the BTC/USD... The post Bitcoin (BTC) Price Could Test $6,500 Before Strong Correction appeared first on NewsBTC.

Bitcoin (BTC) Price Could Test $6,500 Before Strong Correction

There were heavy gains in bitcoin price above the $5,500 pivot and resistance level against the US Dollar. The price rallied above the $5,700 and $5,800 resistance before there was a minor downside correction. There is a key connecting bullish trend line in place with support at $5,610 on the 4-hours chart of the BTC/USD...

The post Bitcoin (BTC) Price Could Test $6,500 Before Strong Correction appeared first on NewsBTC.