Just read Bitcoin Price Watch: BTC/USD Facing Crucial Resistances

Bitcoin Price Watch: BTC/USD Facing Crucial Resistances

Bitcoin Price AnalysisAfter trading as low as $6,202, bitcoin price found strong bids against the US Dollar. The BTC/USD pair started an upside move and climbed above a few key resistances like $6,280 and $6,300. However, there was a break above a key bearish trend line with resistance at $6,340 on the hourly chart of the BTC/USD pair. Therefore, a proper close above the $6,400 resistance and the 100 hourly SMA is needed for more upsides. Major Support Level – $6,300Major Resistance Level – $6,410

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Wednesday, September 19, 2018