Bitcoin price is moving lower from the $30,350 level. BTC is showing bearish signs and might decline further toward the $29,650 and $29,500 support levels.
Bitcoin is moving lower below the $30,000 pivot level.
The price is trading below $30,000 and the 100 hourly Simple moving average.
There is a key bullish trend line forming with support near $29,720 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could extend its decline below the $29,500 support zone.
Bitcoin Price Turns Red Again
Bitcoin price attempted a fresh increase above the $30,400 resistance zone. However, BTC struggled to settle clear the $30,350 level and started a fresh decline.
There was a bearish reaction below the $30,000 support zone and the 100 hourly Simple moving average. The price declined below the 61.8% Fib retracement level of the upward move from the $29,650 swing low to the $30,333 high.
Bitcoin is trading below $30,000 and the 100 hourly Simple moving average. There is also a key
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-plunges-30k/
