Bitcoin Jams Near $3800 – Bitcoin rebounded from the $4188 high against US Dollar. BTC/USD broke below the $3800support levels. It traded near $3720 level and found support near $3700. The pair broke above 23.6% Fib retracement level of the recent decline from $4188 high to $3712. global xchange.
global x change. The hourly chart shows that BTC price recovered from $3700 support level. Price seems to break down until the price is below $3800. Break above $3800 price can decline upto $3600 support level. global exchange. Hourly MACD for the pair is in rebounding from bull zone and RSI is with 40 level.
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