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Bitcoin Price Analysis: BTC Consolidates Below Key Resistance

Bitcoin Price Analysis: BTC Consolidates Below Key Resistance


Live Bitcoin News
2024-02-07 03:18:26

Bitcoin price started a downside correction from the $43,850 zone against the US Dollar. The price is now trading above $42,800 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $43,320 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could The post Bitcoin Price Analysis: BTC Consolidates Below Key Resistance appeared first on Live Bitcoin News .


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