Key Points Bitcoin price traded to a new low at $7,426 and is currently recovering against the US Dollar. There is a crucial connecting trend line formed with support at $7,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may perhaps move higher towards the $7,850 resistance and the...The post Bitcoin Price Watch: BTC/USD Rebounding Towards $7,850 Barrier appeared first on NewsBTC.
