Bitcoin price dipped a few points against the US Dollar after the fed rate hike. BTC remained supported and might eye a fresh increase above the $20,500 resistance. Bitcoin corrected further lower and tested the $20,000 support zone. The price is trading below $20,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $20,520 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could a fresh increase if it clears the 100 hourly SMA and $20,500. Bitcoin Price Dips Further Bitcoin price struggled to gain pace for a mo ...
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