Bitcoin Price Stuck In Key Range, Why The Bulls Are Comfortable

[Google News Bot]

Bitcoin price corrected lower below the $19,500 level against the US Dollar. BTC remains in a key range and trading above the $19,000 support zone. Bitcoin failed to gain strength above $19,600 and corrected gains. The price is trading near $19,250 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $19,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt a fresh increase unless there is a clear move below the $19,000 support. Bitcoin Price Remains Supported Bitcoin price made an attempt to gain p ...

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