Bitcoin price struggled again near the $26,500 resistance. BTC is forming a double-top pattern and could revisit the $25,000 support zone.
Bitcoin recovered above $26,000 but struggled to clear $26,500. The price is trading above $25,800 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance near $26,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it breaks the $25,550 support zone. Bitcoin Price Faces Uphill Task
Bitcoin price started a decent increase above the $26,000 resistance zone. BTC climbed above the $26,200 resistance level but the bears were again active near the $26,500 resistance.
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The price failed to settle above the $26,500 resistance level. A
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