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Bitcoin Price Watch: BTC Turned Sell On Rallies Below $3,800

Bitcoin Price Watch: BTC Turned Sell On Rallies Below $3,800 | NewsBTC

Bitcoin price failed to rally above $4,080 and declined heavily below $3,800 against the US Dollar. There was a break below a key bullish trend line with support at $4,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price tested the $3,550 support and it is currently consolidating losses above $3,600.

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