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Bitcoin Price Analysis: BTC/USD Testing Crucial Support

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  • Bitcoin Price Analysis: BTC/USD Testing Crucial Support

    Here is today's Bitcoin price forecast vs USD.
    Bitcoin price popped higher above $1210 against the US Dollar, and now BTC/USD is testing a major support area around $1206.

    The price after a successful close above the $1200 gained traction and remained elevated.
    There is now a nice bullish trend line with support at $1205, which may act as a support.

    Also, the 100 hourly SMA is acting as a support at $1199.
    So, there is a chance of a bounce back soon towards $1220 if the price stays above $1200.

    Anyone buying?

    Read analysis via link. Cheers!
    Bitcoin price popped higher above $1210 against the US Dollar, and now BTC/USD is testing a major support area around $1206.

  • #2
    Good info, Appreciate it!

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