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Bitcoin Price Watch: BTC/USD Could Correct Lower To $6,400

Bitcoin Price Watch: BTC/USD Could Correct Lower To $6,400 | NewsBTC

Bitcoin price traded further higher above the $6,450 and $6,510 resistances against the US Dollar. There is a short term ascending channel in place with support at $6,505 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely forming a double top pattern near the $6,600 resistance.

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