Bitcoin Price Still Consolidates, What Could Trigger A Nasty Drop

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Bitcoin price is struggling to climb higher above $19,200 against the US Dollar. BTC could start a major decline if it breaks the $18,900 and $18,500 support levels. Bitcoin failed to gain pace and remained in a bearish zone below $19,500. The price is trading below $19,400 and the 100 hourly simple moving average. There is a short-term breakout pattern forming with resistance near $19,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady recovery if there is a clear move above $19,200 and then $19,500. Bitcoin Price Continues To Struggle Bitcoin ...

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