Bitcoin Price Just Saw Technical Correction And Fresh Increase Seems Likely

[Google News Bot]

Bitcoin price corrected lower from $19,650 against the US Dollar. BTC is holding the $19,200 support and might soon start a fresh increase. Bitcoin started a downside correction after it failed to clear the $19,650 zone. The price is trading above $19,200 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $19,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a clear move above the $19,350 resistance. Bitcoin Price Remains Supported Bitcoin price was able to gain p ...

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