Bitcoin price is showing bearish signs below $113,000. BTC is struggling to recover and might start another decline below the $110,500 zone.
Bitcoin started a recovery wave from the $108,750 zone. The price is trading below $112,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $111,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $113,000 resistance zone. Bitcoin Price Attempts Fresh Increase
Bitcoin price extended losses after close below the $112,000 level. BTC gained bearish momentum and traded below the $111,500 support zone.
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There was a move below the $110,500 support zone and the 100 hourly Simple
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