[NewsBTC] Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip
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Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip

<p>Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could<a class="read-more" href="https://www.newsbtc.com/2019/12/25/bitcoin-eyeing-last-line-of-defense-bulls-losing-grip/" data-wpel-link="internal">...</a></p>
<p>The post <a rel="nofollow" href="https://www.newsbtc.com/2019/12/25/bitcoin-eyeing-last-line-of-defense-bulls-losing-grip/">Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip</a> appeared first on <a rel="nofollow" href="https://www.newsbtc.com">NewsBTC</a>.</p>



https://www.newsbtc.com/2019/12/25/bitco...-grip/Kind Regards R
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