Bitcoin broke the key $19,500 support against the US Dollar. BTC is showing bearish signs and remains at a risk of a move towards the $18,000 level.
- Bitcoin failed to start a fresh increase and declined below the $19,500 support.
- The price is now trading below the $19,000 level and the 100 hourly simple moving average.
- There is a connecting bearish trend line forming with resistance near $19,420 on the hourly chart of the BTC/USD pair (data feed from…
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