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...The post Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip appeared first on NewsBTC.
