Bitcoin Loses in Reverse Pattern — Bitcoin price from the new monthly high at $3947 started to decline against US Dollar. BTC/USD traded below $3900 and $3860 support to enter a bearish moment. There was also a close below $3761 low from $3947 high. The price dipped below $3850 support level and the 100 SMA and opened for more losses. Global exchange.
Globalexchange. From the hourly chart, BTC price is moving into bearish zone with close below $3860. Above $3900 price may extend up to $3950. Otherwise, the pair may extend losses below $3800. globalxchange. The hourly MACD for the pair is slightly moving towards near bulls and RSI is in near 40 level.
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