Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?

Bitcoin price started a fresh decline below the $65,000 level against the US Dollar. The price is now trading below $65,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $64,550 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair The post Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold? appeared first on Live Bitcoin News .