Bitcoin Price Watch: Upsides In BTC Likely To Be Capped

Bitcoin Price Watch: Upsides In BTC Likely To Be Capped

  • Bitcoin price is trading in a range above the $3,345 support level against the US Dollar.
  • There is a major bearish trend line formed with resistance at $3,375 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The price is likely to face a strong resistance near the $3,375 and $3,400 levels.

Bitcoin…

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