Bitcoin price declined over 10% and even spiked below $18,000. BTC remains at a risk of more losses, as the FTX faces more heat.
- Bitcoin started failed to recover ground and declined over 10%.
- The price is trading below $19,500 and the 100 hourly simple moving average.
- There is a connecting bearish trend line forming with resistance near $18,380 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could continue to move down towards the…
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