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2018-08-06 08:48:29

Bitcoin Price Watch: BTC/USD’s Support Turned Resistance at $7,260

Key Points Bitcoin price recovered and moved above the $7,000 handle against the US Dollar. There is a crucial bearish trend line in place with resistance at $7,260 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to move past the $7,260 hurdle and the 100 hourly simple moving...The post Bitcoin Price Watch: BTC/USD’s Support Turned Resistance at $7,260 appeared first on NewsBTC.