BTC/USD Technical Outlook: Bitcoin Prices Vulnerable to Deeper Losses
BTC/USD Technical Outlook: Bitcoin Prices Vulnerable to Deeper Losses | btc price chart

The Reason Why Everyone Love Btc Price Chart | Btc Price Chart

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Key Points

Bitcoin amount continued declines appear the $6,275 akin adjoin the US Dollar. BTC/USD may conceivably actual higher, but it won’t be accessible for a advance aloft $6,580.

There was a aciculate downside acknowledgment beneath the $6,600 axis akin in bitcoin amount adjoin the US Dollar. The BTC/USD brace beneath added beneath the $6,450 and $6,400 levels to move into a bearish zone. The contempo low was formed at $6,318 afore the amount started accumulation losses. It activated the 23.6% Fib retracement akin of the aftermost abatement from the $6,660 aerial to $6,318 low.

However, assets were bound by the $6,450 level. Moreover, the 50% Fib retracement akin of the aftermost abatement from the $6,660 aerial to $6,318 low is additionally a the $6,489 akin to act as a resistance. More importantly, there are two bearish

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BTC/USD Technical Outlook: Bitcoin Prices Vulnerable to Deeper Losses - btc price chart
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