Bitcoin price tested the $9,800 support and bounced back against the US Dollar. The price is currently struggling to gain momentum above $10,400 and $10,500. There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to slowly rise...

The post Bitcoin (BTC) Price Hesitates But Further Recovery Seem Likely appeared first on NewsBTC.

Bitcoin (COIN:BTCUSD)
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