Bitcoin (BTC) Price Trading Near Make-or-Break Levels

Bitcoin (BTC) Price Trading Near Make-or-Break Levels

  • After a strong recovery, bitcoin price struggled to gain momentum above $12,000 against the US Dollar.
  • The price topped near the $12,050 level and recently corrected gains below $11,500.
  • There is a major bearish trend line forming with resistance near $11,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  • The pair could…
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