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Bitcoin Price Watch: BTC/USD’s Resistance Turned Support at $6,320

Bitcoin Price Watch: BTC/USD’s Resistance Turned Support at $6,320 | NewsBTC

Bitcoin price climbed higher and broke the $6,320 and $6,380 resistance levels against the US Dollar. There was a break above a major contracting triangle with resistance at $6,330 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower and the previous resistance at $6,320 may holds declines.

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Written by NEWSBTC

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to ...

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